BlockBeats news, on March 27, according to 4E monitoring, the news of Trump's tariffs once again hit the market. On Wednesday morning, it was reported that Trump would announce tariffs on automobiles, causing US stocks to fall in response, with the three major indices closing down for the first time in four trading days. The Dow fell by 0.31%, the S&P 500 dropped by 1.12%; the Nasdaq plummeted by 2.04%, marking the largest single-day drop since March 11. Tech stocks led the decline, with TSL and Nvidia falling over 5%.

The volatility in the crypto market has intensified, with Bitcoin dragged down by the U.S. stock market, falling below $86,000. After the U.S. stock market closed, it quickly rebounded, reporting $87,500 at the time of writing, a slight decline of 0.2% over the past 24 hours. Other mainstream tokens mostly showed slight declines, with Ethereum striving to stabilize above $2,000. The JELLYJELLY incident that drew attention yesterday once again exposed how large orders can easily manipulate the market, and revealed that Hyperliquid's decentralization is not as it seems.

In the forex market, the US dollar index was mostly on the rise on Wednesday, with gains quickly expanding by nearly 0.5% after the White House confirmed it would announce new car tariffs; crude oil inventories fell more than expected, with WTI and Brent crude rising nearly 1.8% and 1.6% respectively, reaching new highs for the month; gold fell slightly by 0.1% after hitting a high, marking its third decline in the last four days.