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#Gate广场四月发帖挑战 Trump's U-turn! Market turbulence: oil prices surge, gold plummets, cryptocurrencies dive!
In just two days, Trump's remarks have done a 180-degree turn, triggering a global market frenzy.
Last night: signals of "ending the war and withdrawing troops" were released, causing gold prices to soar (gold up 2.66%, silver up 6.16%), and risk aversion to increase.
Today: suddenly changing tone, threatening "heavy strikes on Iran's energy facilities in the next two to three weeks," causing oil prices to spike sharply (WTI surpassing $103, up over 4%). Gold and silver also fell sharply, with spot gold dropping nearly 100 points, losing the $4,700 level.
Crypto market: also under pressure, ETH drops below 2100, BTC falls below 68,000, with a broad weakening trend.
The core reason is that oil prices surged directly due to expectations of supply crises. Gold fell sharply due to "rising inflation + delayed rate cuts + funds shifting to oil." Cryptocurrencies declined in tandem, affected by macro risk aversion and high volatility.
One sentence summary: When Trump speaks, the market runs wild—risk aversion logic is all over the place, funds flock to oil, and gold and crypto are abandoned.