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4E: Trade easing expectations ignite the market, causing U.S. stocks and crypto markets to skyrocket

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2025-04-23 02:53:48
On April 23rd, according to 4E monitoring, on Tuesday, Trump made remarks that the tariff policy was softened, saying that the tariff on China was too high, and the tax rate was expected to be significantly reduced. Under the optimistic expectation of Sino-US tariff negotiations, global trade tensions eased, risk sentiment was boosted, and US stocks soared. The S & P 500 closed up 2.5%, the Dow rose 2.66%, and the Nasdaq rose 2.71%. Large technology stocks recovered their losses the previous day, and the Big Seven Index rose 2.84%.
The crypto market rallied collectively, and bitcoin continued its strong performance. It accelerated after breaking through the $90,000 mark last night. After Trump retracted his earlier threat to fire Federal Reserve Chairperson Powell, it once forced 94,000 dollars this morning, setting a new high since the beginning of March. It is now reported at $93,063, an increase of 5.6% in the day. Ethereum reversed its recent decline and rose 14% strongly to break through $1,800. The counterfeit products market rallied collectively, and the total crypto market value rose 5.4%.
Trump's tariff-softening remarks and gentle remarks to Powell have turned the investment atmosphere from original worries to optimism. Next, the progress of trade negotiations and the direction of the Federal Reserve's monetary policy will be the focus of attention.
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