4E: As Trump's Inauguration Approaches, US Stock Market Volatile to Bearish, Crypto Market Rebounds Boosted by Market Sentiment

BlockBeats News, January 17th. According to 4E monitoring, on Thursday, the US stock market opened higher and then fell, with all three major indexes declining. The S&P 500 Index fell by 0.21%, the Dow fell by 0.16%, and the Nasdaq fell by 0.89%. Large-cap tech stocks fell across the board, with Apple falling more than 4%, marking its largest drop in five months, and Tesla retracing more than 3%.

The overall cryptocurrency market remained volatile but saw an upward trend. Bitcoin exhibited a trend of initial decline followed by an increase yesterday. After fluctuating downward from a high of 100,866 to a low around 97,335, it then rebounded and broke through $102,000 before the deadline, with a 24-hour increase of 2.33%. Boosted by Bitcoin, the altcoin market performed even better. Ripple and SEC's lawsuit progress and rumors of Trump considering establishing a crypto reserve with tokens such as USDC, SOL, and XRP influenced the significant surge of XRP and SOL prices. The AI Agent sector is currently experiencing a pullback after a significant increase.

In the commodities market, the US Dollar Index surged and then fell, ultimately dropping by over 0.1%. Oil prices experienced the most significant decline, exceeding 2%, and retreated from a six-month high. As US bond yields and the dollar declined hand in hand, metal prices rose, with spot gold rising by 1%, essentially erasing its decline since the US election.

Recently, with the unexpected drop in US core CPI data and Trump's upcoming inauguration, Bitcoin reclaimed the $100,000 mark, reversing the bearish sentiment in the cryptocurrency market, and bullish sentiment soared once again. However, the cryptocurrency market is significantly influenced by macroeconomic and policy factors and often experiences substantial fluctuations at key market events. eeee.com is a financial trading platform that supports cryptocurrency, stock indexes, bulk gold, forex, and other assets. It recently launched a USDT stablecoin financial product with an annualized return rate of 5.5%, providing investors with a potential hedging option. 4E reminds you to be cautious of market volatility risks and to allocate assets reasonably.