4E: Trade tensions ease, U.S. stocks and crypto markets continue gains
On April 24, according to 4E monitoring, expectations of a easing in the trade war boosted market sentiment. U.S. stocks opened higher on Wednesday. At the end of early trading, the U.S. Treasury Secretary said that it may take two to three years for the two major economies to reach a comprehensive trade agreement. Trump will not unilaterally reduce tariffs, and U.S. stocks 'gains were suppressed, giving up more than half of their gains. As of the close, the S & P 500 was up 1.67%, the Dow was up 1.07%, and the Nasdaq was up 2.5%. Technology stocks led the gains, with Tesla and Intel rising more than 5%. The gains in the crypto market have slowed down. Bitcoin hit a high of US$94,696 yesterday and fell slightly. It was reported at US$93576 before deadline, an intraday increase of 0.64%. Its market value was US$1.86 trillion, once again ranking among the eighth largest asset in the world by market value. Bitcoin Spot ETF Net inflow for four consecutive trading days. Most other mainstream tokens rose, and Ethereum strives to stabilize its position at US$1800. TRUMP coins surged by more than 40% stimulated by the news that Top25 holders could have dinner with Trump. Tariff policy news continues to disrupt global financial markets, and any slight progress triggers violent fluctuations. Market trends deviate from fundamental logic, and policy uncertainty disrupts traditional signals. Although U.S. stocks have risen for two consecutive days, market sentiment has not really improved.
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