A single statement from Trump triggered a global crash. Bitcoin dropped to 87,000, Ethereum fell to 2,900, US stocks plummeted by 900 points, while gold surged past 4,760 to a new high.


On January 20th, Eastern Time, as Trump reintroduced the idea of "buying" Greenland and threatened to impose tariffs on multiple European countries, market risk sentiment instantly exploded. US stocks suffered a heavy blow, with the Dow plunging nearly 900 points, the Nasdaq dropping over 2%, and the gains for the S&P and Nasdaq turning negative for the year. Panic spread, and the "sell US" trade reemerged: the dollar and US Treasuries both declined, while gold soared above $4,760 per ounce, hitting a historic high.
Analysts pointed out that the escalation of the confrontation over Greenland between Europe and the US is the direct trigger. Deutsche Bank warned that if rhetoric continues to worsen, market volatility will increase further. Meanwhile, Japan's bond market suddenly experienced the "most chaotic" sell-off in recent years, with long-term bond yields soaring over 25 basis points in a single day, spilling over into US Treasuries and further intensifying global bond market turbulence.
Popular tech stocks generally fell sharply, with Nvidia, Apple, and Tesla all dropping over 4%. Geopolitical tensions combined with the bond market storm caused the market to instantly recall the dramatic volatility triggered by Trump policies in April last year.
In other headlines, Microsoft CEO Nadella warned that AI could become a bubble if not widely adopted; Ray Dalio of Bridgewater warned that Trump’s policies could trigger a "capital war"; and after releasing earnings, Netflix's stock plummeted post-market due to weak guidance and a pause in share repurchases for Warner acquisition. $BTC #Gate每10分钟送1克黄金
BTC-2,16%
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