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4E: Trump sprays Powell again, US stocks tumble, bitcoin rises against the trend

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2025-04-22 02:52:06
On April 22nd, according to 4E monitoring, Trump once again lashed out at Federal Reserve Chairperson Powell and threatened the independence of the Federal Reserve, triggering market concerns about the decline in the credibility of the dollar and the decline in the US economy. US stocks suffered a "Black Monday" on Monday, and the three major stock indexes collectively fell: the Dow closed down 2.48%, the Nasdaq fell 2.55%, and the S & P 500 fell 2.36%. Technology stocks rout across the board, Tesla fell more than 5%, Nvidia fell more than 4%, and the total market value of the "seven giants" of US stocks evaporated by 404.60 billion dollars.
Crypto market decoupling U.S. stocks rose against the trend. Bitcoin has risen all the way since yesterday morning. In the evening, Strategy announced that it would spend $556 million to buy another 6,556 bitcoins (average price 84,785), boosting market sentiment and remaining stable in the 87,000 despite the sharp decline in U.S. stocks. This morning, Bitcoin rose rapidly again, reaching a maximum of $88,877, setting a new high in a month and rising 1.42% in 24 hours. Bitcoin's blood-sucking crypto market, counterfeit products are generally under pressure. Ethereum fell below $1,600, down 3.%; SOL was reported at $138.75, down 1.72% in the past 24 hours.
Mr. Trump's continued attacks on the Fed have worried investors. While low interest rates are good for equities in the short term, the loss of the Fed's independence could undermine its ability to control inflation in the long term, threaten the dollar's status as the world's safest asset and shake the foundations of the US economy. Markets are on high alert and risk aversion has surged.
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