💥 Middle East conflict triggers market panic!
💥 US stocks and cryptocurrencies plummet, gold soars, and investors are eager to seek safe havens!
4E: The situation in the Middle East escalates, and US stocks and cryptocurrencies fall collectively.
On October 2, Iran launched a missile attack on Israel on Tuesday, local time, which further escalated tensions in the Middle East and triggered cautious sentiment in the global market. US stocks and crypto markets fell accordingly.
The three major US stock indexes closed down collectively, with the Dow Jones Industrial Average down 0.41%, the S&P 500 down 0.93%, and the Nasdaq down 1.53%. Technology stocks became the worst performing sector;
The crypto market fell sharply, and Bitcoin almost fell below $60,000. It is now quoted at $61,523, with a 24-hour drop of 2.75%. Ethereum fell 5.11%, and market sentiment returned to panic.
Data shows that Bitcoin fell by about 4% in the first two days of October, in sharp contrast to the historical average increase of 20% in October;
In terms of bulk, safe-haven asset gold is favored, and the December gold futures price on the New York Stock Exchange rose by 1.16%. The market's concerns about crude oil supply have intensified, and the international crude oil price has risen by more than 4%.
The escalation of tensions in the Middle East has led to a rapid increase in market panic, risk assets have been sold off, and market volatility has increased.
eeee, a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets, recently launched a USDT stablecoin wealth management product with an annualized yield of 5.5%.
Please pay attention to @0x YU小鱼 and bring you more high-quality content from time to time.
Xiaoyu reminds everyone to pay attention to market volatility risks and allocate assets reasonably.
