**Global markets rose across the board, and cryptocurrencies hit new highs! 📈**
BlockBeats reported that data on Thursday, September 27, showed that the US economy once again showed unexpected resilience, alleviating market concerns about the economy. At the same time, China's series of unexpected policy combinations have also injected new vitality into the global financial market, and the global market has ushered in a general rise.
**The three major US stock indexes rose together**
According to 4E observations, the three major US stock indexes performed well. The S&P 500 index closed up 0.40%, setting a new record high; the Dow Jones closed up 0.62%; and the Nasdaq, which is dominated by technology stocks, closed up 0.60%. Chinese stocks performed particularly well, with the Nasdaq China Golden Dragon Index closing up 10.9%.
**Non-US currencies and cryptocurrencies go hand in hand**
Non-US currencies generally rose, while the yen resumed its decline. The cryptocurrency market was not to be outdone, rising across the board. As of press time, Bitcoin rose 2.56%, breaking through $65,000; Ethereum rose 0.96%.
**Gold, silver and copper prices soared**
Due to interest rate cuts by major central banks such as China and the United States, coupled with ongoing tensions in the Middle East, spot gold's intraday gains expanded to 1%, setting a new record high again, and rising nearly 30% this year. Driven by China's stimulus policies, the price of silver, a key industrial material, rose by more than 2.5%, hitting a 12-year high, and has risen 37% so far this year.
**Global optimism ignites the market**
The global central banks' successive interest rate cuts, coupled with China's "policy package", ignited global optimism. The US economic data still showed resilience, which increased investors' risk appetite.
**4E platform reminder**
4E is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange. This Friday night, the US core PCE price index will be released, which will provide further key clues for the Fed's interest rate cut. 4E reminds investors to pay attention to market volatility risks and allocate assets reasonably.
**Interactive communication**
Friends, what do you think of the global market's general rise? What will be the future trend of cryptocurrencies? Welcome to share your views and insights in the comment section, let's discuss together!