4E: Trade tensions ease, US stocks and cryptocurrency markets continue to rise

ChainCatcher news reports that, according to 4E monitoring, expectations of easing trade tensions have boosted market sentiment. On Wednesday, U.S. stocks opened higher, but towards the end of the morning session, the U.S. Treasury Secretary stated that a comprehensive trade agreement between the two major economies might take two to three years, and Trump will not unilaterally lower tariffs. This suppressed the upward momentum of U.S. stocks, which retraced more than half of their gains. By the close, the S&P 500 rose 1.67%, the Dow Jones increased by 1.07%, and the Nasdaq climbed 2.5%. Tech stocks led the gains, with Tesla and Intel both rising over 5%.

The cryptocurrency market's upward momentum has slowed. Bitcoin reached a high of $94,696 yesterday before slightly retreating, reporting $93,576 before the deadline, with a daily increase of 0.64% and a market cap of $1.86 trillion, once again ranking as the eighth largest asset globally. Bitcoin spot ETFs have seen net inflows for four consecutive trading days. Most other major tokens rose, with Ethereum striving to hold above $1,800. The TRUMP coin surged over 40% due to news that Top 25 holders could have dinner with Trump.

In the foreign exchange and commodities market, the easing of tariffs stimulated a 0.96% rise in the U.S. dollar index; OPEC+ may further increase production, causing oil prices to drop nearly 2%. International gold prices fell sharply, with spot gold in New York down 2.69% at the close.

News about tariff policies continues to disrupt global financial markets, with any slight progress triggering significant volatility. Market trends have deviated from fundamental logic, and policy uncertainty has disrupted traditional signals. Although U.S. stocks have risen for two consecutive days, market sentiment has not truly improved.