News, October 18th. Since President $Trump announced a 100% tariff on key Chinese technology and goods on October 11th, the global market has been in continued turmoil. The futures of the three major U.S. stock indexes once again fell, and the Asia-Pacific stock market continued its decline. Safe haven sentiment quickly intensified. The market once again focused on the circular chain-like risk transmission in the banking sector, with shares of U.S. regional banks plummeting, sparking investors' concerns about liquidity and credit risks.
At the same time, both the U.S. dollar and gold strengthened, reflecting funds rapidly flowing back into safe haven assets. Bitcoin continued to be under pressure in a high-pressure environment, with the market fear index dropping to 23 (extreme fear). Analysts pointed out that policy uncertainty and financial system fragility are becoming the main sources of market volatility.
BiyaPay analysts stated that the current market is in a "Strong Dollar - Weak Risk Asset" cycle, emphasizing the importance of flexible allocation. BiyaPay supports users to invest in U.S. stocks, Hong Kong stocks, futures, and gold using USDT, and provides zero-fee spot and contract trading, helping investors achieve a balanced strategy of hedging and rebound amid volatility.
[BlockBeats]News, October 18th. Since President Trump announced a 100% tariff on key Chinese technology and goods on October 11th, the global market has been in continued turmoil. The futures of the three major U.S. stock indexes once again fell, and the Asia-Pacific stock market continued its decline. Safe haven sentiment quickly intensified. The market once again focused on the circular chain-like risk transmission in the banking sector, with shares of U.S. regional banks plummeting, sparking investors' concerns about liquidity and credit risks.
At the same time, both the U.S. dollar and gold strengthened, reflecting funds rapidly flowing back into safe haven assets. Bitcoin continued to be under pressure in a high-pressure environment, with the market fear index dropping to 23 (extreme fear). Analysts pointed out that policy uncertainty and financial system fragility are becoming the main sources of market volatility.
BiyaPay analysts stated that the current market is in a "Strong Dollar - Weak Risk Asset" cycle, emphasizing the importance of flexible allocation. BiyaPay supports users to invest in U.S. stocks, Hong Kong stocks, futures, and gold using USDT, and provides zero-fee spot and contract trading, helping investors achieve a balanced strategy of hedging and rebound amid volatility.
[BlockBeats]