ChainCatcher news, on Tuesday local time, Iran launched a missile attack on Israel, escalating tensions in the Middle East once again and triggering cautious sentiment in global markets, with U.S. stocks and the crypto market responding with declines.All three major U.S. stock indices closed lower, with the Dow down 0.41%, the S&P 500 down 0.93%, and the Nasdaq down 1.53%, making technology stocks the worst-performing sector; the crypto market saw a significant drop, with Bitcoin nearly falling below $60,000, currently quoted at $61,523, down 2.75% in 24 hours, and Ethereum down 5.11%, as market sentiment returned to panic. Data shows that Bitcoin fell about 4% in the first two days of October, in stark contrast to the historical average increase of 20% for the entire month of October; in commodities, the safe-haven asset gold was favored, with December gold futures on the NYSE rising 1.16%, and concerns over crude oil supply intensified, causing international crude oil prices to rise more than 4% at one point.The escalation of tensions in the Middle East has led to a rapid increase in market panic, resulting in a sell-off of risk assets and increased market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodity gold, and foreign exchange, recently launching a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to Bitcoin.com, JPMorgan CEO Jamie Dimon reiterated that a recession remains the most likely outcome for the U.S. economy, insisting that the probability of a "soft landing" is only 35% to 40%.In an interview with CNBC, Jamie Dimon emphasized the ongoing uncertainty facing the market, pointing out geopolitical issues, housing, deficits, spending, quantitative tightening, and elections, all of which can cause market panic. Despite his cautious stance, he acknowledged that the economy is performing better than expected.

ChainCatcher news, Abra's head of over-the-counter options trading Bohan Jiang stated that the recent macroeconomic downturn has caught the derivatives market off guard, with the Chicago Board Options Exchange's Volatility Index (VIX) soaring. In the past 24 hours, the VIX has surged above 65 points, marking the highest level since the market panic at the onset of the COVID-19 pandemic.Bohan Jiang said, "I expect that the implied volatility in the cryptocurrency market will remain high until macro factors stabilize. Most options market participants were not prepared for the recent macroeconomic recession. As the macro narrative shifts, the cryptocurrency market still tends to trend upward; there is almost no hedging against downside risks."

ChainCatcher news, QCP Capital stated in its latest market analysis that cryptocurrency prices have undergone significant adjustments today, with front-end volatility soaring. The market reacted to the upcoming BTC supply news (including the transfers from Mt. Gox and the German government). Speculators may have oversold in anticipation, triggering liquidations around $58,000.QCP Capital's view: Spot prices have stabilized, indicating solid support around $54k. As BTC front-end volatility dropped sharply from 65 to below 50, and ETH front-end volatility decreased from 80 to 62, panic sentiment has gradually eased. Today's U.S. employment data showed downward revisions for April and May. This confirms Powell's deflationary path and the possibility of an earlier rate cut, with increased probabilities for rate cuts in September and December.