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WCTC S9 全球交易赛顶部

4E: Both US stocks and gold hit new highs, the crypto market rebounded slightly

BlockBeatNews
BTC-1.40%
ETH-0.79%
MEME-3.77%
BlockBeats news, on February 20th, according to 4E monitoring, the minutes of the Federal Reserve monetary policy meeting imply a wait-and-see approach until more progress is made on inflation. On Wednesday, the U.S. stock market opened lower and then rose, with all three major indices collectively rising. The S&P 500 index rose by 0.24% for two consecutive days, the Dow Jones Industrial Average rose by 0.16%, and the Nasdaq rose by 0.07%. Large-cap tech stocks showed mixed performance, with Tesla rising by 1.82% and Nvidia falling by 0.12%. In the encryption market, there was a slight rebound against the backdrop of the rising U.S. stock market. After BTC experienced a flash crash to a two-week low on Tuesday, it remained in a volatile rising trend on Wednesday. It rose to a high of $97,000 in the morning before slightly pulling back. It is currently trading at $96,810, up nearly 1.5% in the past 24 hours. Ethereum and Altcoins have generally rebounded, with Ethereum currently trading at $2,730, up nearly 2.02% in the past 24 hours. On-chain market trends are cooling off, meme hype is decreasing significantly, and SOL continues to show weakness. The current market is still hovering within a range and has not yet shown a clear direction. In terms of forex, the U.S. dollar index rose by 0.11%; Spot gold hit a historical high of $2,947 intraday before pulling back, with a narrowed rise of 0.15% during the day; multiple news reports have increased the prospect of tight oil supply, leading to a continued rebound in oil prices, with Brent crude rising for three consecutive days to a one-week high. The minutes of the January Federal Reserve meeting showed that officials believe that before further rate cuts, they need to see inflation continue to decline, but policies such as Trump's tariffs pose upward risks to inflation. Overall, the minutes further reinforced the market's expectation of a "pause in rate cuts," with the Federal Reserve firmly in a "wait-and-see" mode. As a financial trading platform supporting Cryptocurrency, stock indices, bulk gold, forex, and other assets, eeee.com recently launched a USDT stablecoin financial product with an APR of 8%, providing potential hedging options for investors. 4E reminds you to be aware of market fluctuation risks and to allocate assets reasonably.
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