Late-night global financial markets suddenly turn cold, ushering in a collective correction trend



As of today, the three major European stock indices all weakened, with the UK FTSE 100, France CAC40, and Germany DAX all falling more than 1%; the three major U.S. stock indices surged then pulled back, closing lower across the board, with the Dow dropping over 300 points, popular Chinese concept stocks also weakened, and the Nasdaq and S&P generally under pressure
The commodities market also saw increased volatility, with international crude oil experiencing a dramatic "V-shaped" reversal, dropping over 5% intraday before rallying to close up more than 2%; precious metals surged then retreated, and global supply gaps combined with inventory depletion intensified market fluctuations

The cryptocurrency market was also not spared, after consecutive days of gains, it experienced a deep correction, with Bitcoin falling below the $80k mark to $79,137, down 2.31% in 24 hours. The market's severity peaked, with over 100k traders liquidated worldwide in the past 24 hours, totaling $330 million in liquidations, with long positions suffering particularly heavy losses. Market volatility is intensifying, safe-haven sentiment is rising, and all investors must fasten their seatbelts and pay attention to risk control! $ETH $BTC #Gate广场五月交易分享
BTC1.15%
ETH1.85%
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