BlockBeats News, April 8th, according to 4E monitoring, the U.S. stock market plummeted at the opening on Monday. Intraday, the index experienced large fluctuations due to the impact of the "Tariff Delay" fake news, with the Nasdaq having a maximum amplitude of nearly 10%. U.S. stocks collectively turned upward at one point but fell again after the news was debunked. Before the close, Trump stated that he had not considered suspending tariff increases and mentioned that multiple countries were coming to negotiate with the U.S. At the close, the three major indices saw mixed results: the Dow fell by 0.91%; the S&P 500 dropped by 0.23%; the Nasdaq narrowly closed up by 0.10%, ending a two-day decline. The U.S. big tech stock index rose by about 0.2%.

The crypto market rebounded. Bitcoin led the decline in the Asian session yesterday, falling to a low of $74,508. In the evening, the rumor of a "90-day Tariff Delay" drove BTC to quickly break through $81,000, but it fell back after the news was debunked. At the deadline, Bitcoin was fluctuating above $80,000, rising by 2.8% in the past 24 hours, while other altcoins generally experienced significant rebounds. In the midst of a volatile market, ETH was particularly weak, dropping to $1,411 at one point yesterday. Its decline led the way, and its market share hit a new one-year low. In the current rebound trend, its increase is also significantly lagging, deepening market doubts about its long-term competitiveness.

In the forex and commodities sector, the U.S. dollar index rose by 0.29%. Economic recession expectations drove crude oil to its third consecutive decline, dropping by over 2% and hitting a three-year low. Spot gold fell by 1.76%, showing an intraday high followed by a decline, spending most of the day in a downtrend.

Trump's tariff policy has triggered a global chain reaction of countermeasures, shaking the financial markets. Investors are hoping that the Federal Reserve will intervene to save the market, but given the current high inflation pressure, the possibility of emergency Fed intervention in the short term is low unless the market or economy is in a severe crisis.

eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launched a USDT stablecoin financial product with an 8% annualized return to provide investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to properly allocate your assets.