Global stock markets plummeted, with the U.S. stock market opening and the Nasdaq dropping over 600 points, many U.S. stocks falling more than 10%, and Nvidia once again falling below $50k.



It seems as if the bubble in the U.S. stock market has been burst! In addition, gold and silver are also falling, mainstream Bitcoin and Ethereum, not to mention altcoins, are suffering terribly!

The Strait of Hormuz is open for free, global energy prices are falling, yet other financial instruments still cannot withstand the downward trend.

Ethereum fund teams are cutting budgets, laying off staff, and restructuring. Under the pressure of interest rate hikes, what can you rely on to rebound?

Once the U.S. stock market bubble is burst, it will trigger a financial crisis. Therefore, interest rate hikes are inevitable, and with rate hikes, Bitcoin still has significant room to fall.

Tonight, the overall U.S. stock market remains weak and consolidating. Based on this rhythm, there may be another dip in the early hours, possibly breaking below 61k and continuing to probe downward. $BTC $ETH #Gate股票7x24小时交易
BTC-2.13%
ETH-3.60%
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