Gold price

4E: U.S. tech stocks lead the decline, the crypto market plummets, and gold prices hit a new high

ChainCatcher news, influenced by Microsoft's withdrawal of two data centers, Wall Street is concerned that AI infrastructure may face the risk of oversupply. Additionally, Trump's claim that tariffs on Canada and Mexico will continue further undermines market confidence. According to 4E monitoring, major U.S. stock indices saw more declines than gains that day, with the Dow Jones closing up 0.08%, the S&P 500 closing down 0.50%, and large tech stocks collectively falling, dragging the Nasdaq down 1.21%.The cryptocurrency market collectively plummeted under the lead of U.S. stocks. Lawmakers in South Dakota delayed a vote that could allow the state to invest in Bitcoin, effectively killing the bill and further dampening market sentiment. Bitcoin fell below $91,000, hitting a new low since February, and then slightly rebounded, currently reported at $92,245, down 3.77% in 24 hours.Ethereum and altcoins saw significant declines. Previously, the market expected Bybit to buy back ETH to replenish wallet funds, which boosted ETH's rebound. However, market news indicated that the ETH gap had been fully closed through loans and over-the-counter trading, leading to a decline in ETH. This morning, driven by the broader market, it fell below $2,500, down 11% in 24 hours. The meme momentum cooled, with Solana's price dropping below $140, marking the lowest since October, down 15% in 24 hours.In the forex commodities sector, concerns about weak U.S. economic growth led to a 0.07% drop in the dollar index. The U.S. announced a new round of sanctions on Iranian oil exports, with international oil prices rising over 0.4%. Increased demand for safe-haven assets and a weaker dollar supported spot gold, which rose over 0.53% to set a new high, with gold prices up over 12% this year, as investors focus on the $3,000 mark.Current market sentiment is relatively fragile, with deadlines approaching. Trump's tariff policies on Canada and Mexico, along with further signs of weakness in U.S. economic data, create uncertainty in the market, increasing risk aversion. Upcoming key events, such as Nvidia's earnings report on Wednesday, U.S. GDP data on Thursday, and the Fed's preferred inflation indicator PCE data on Friday, may all impact the market.eeee.com (http://eeee.com/) is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: The three major U.S. stock indices closed slightly higher, the cryptocurrency market fluctuated downward, and gold prices surged again

ChainCatcher news reports that, according to 4E monitoring, the three major U.S. stock indexes briefly turned negative during the session but saw strong buying in the closing hours, ultimately achieving slight gains. The S&P 500 index rose by 0.24%, having reached a new high during the day, the Dow Jones increased by 0.02%, and the Nasdaq rose by 0.07%. Large tech stocks showed mixed performance, with Tesla down by 0.49% and Nvidia up by 0.4%. Most chip stocks and AI concept stocks rose.The cryptocurrency market experienced a downward fluctuation, with Bitcoin briefly dipping to $93,000, its lowest in nearly two weeks, driven by the U.S. stock market, before rebounding and currently fluctuating above $95,000. ETH saw a significant increase in market attention due to the market sentiment hitting bottom and the fading of meme popularity, currently oscillating around $2,700. The LIBRA exit event has intensified the market's gloomy sentiment, compounded by Bitcoin's sudden flash crash, leading to further blows to altcoins, which are continuously hitting new lows.In the forex commodities sector, Trump has once again unleashed a tariff strategy, pushing the dollar index up by 0.3%; oil prices rose on Tuesday due to an attack on a Russian oil pipeline, raising concerns about short-term supply disruptions. Tariff worries and tense negotiations regarding the Russia-Ukraine conflict have triggered safe-haven buying, with spot gold rising by 1.2%.On Tuesday, Trump reiterated plans to impose high tariffs on automobiles, semiconductors, and pharmaceuticals, but his erratic tariff policies are gradually making the market immune. In contrast, the market is more focused on the latest developments in the Russia-Ukraine situation, hoping for an early resolution to the conflict. Additionally, the Federal Reserve will release the minutes from the January meeting on Wednesday, with the market hoping to gain insights into the Fed's views on the impact of global trade conditions.eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.
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