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4E: "Black Monday" is coming, global risk assets big dump.
BlockBeats News, on April 7, according to 4E monitoring, the tariff storm swept the world, the market panic was pervasive, and the sell-off of risk assets intensified. After falling nearly 10% last week, U.S. stock futures opened sharply lower on Monday, with S&P 500 and Nasdaq futures falling more than 5% at one point, and narrowing their losses by press time, falling 2.39% and 3.17%, respectively, and Dow futures falling 2.42%. Asia-Pacific stocks also opened with heavy losses, with the Nikkei plummeting 8.1%, South Korea's KOSPI down 5.14%, all three major A-share indexes falling more than 4%, and Hong Kong's Hang Seng Index falling 9.28% at the open. The performance of the crypto market across the board is highly synchronized with the US stock market. Bitcoin traded in a narrow range around $83,000 over the weekend, and began to fall below key support one after another in the early hours of Monday morning, hitting as low as $77,100, hitting a near one-month low, while other mainstream coins also fell sharply, with Ethereum falling 13.5% to $1,580, and the total global crypto market capitalization shrank from $2.4 trillion to $2.16 trillion, a 10%. The amount of liquidation in the past 24 hours was $886 million. The market is in a state of extreme panic. Commodity markets have not been spared. Spot gold fell below the psychological $3,000 mark, touching as low as $2,971. U.S. oil fell to $59.80 a barrel, down 12% from last week's high and the lowest since April 2021. eeee.com As a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets, it has recently launched a USDT stablecoin wealth management product with an annualized yield of 8%, providing investors with potential hedging options. 4E reminds you to pay attention to the risk of market volatility and allocate assets reasonably.