According to BlockBeats, on April 8th, the US dollar index fell to 103.49, gold fell back $2982 to catch its breath, and Bitcoin rebounded to around $79000. The market initially rose due to reports that US President Trump was considering implementing a 90 day tariff suspension on multiple countries. However, the White House subsequently denied this unfounded report.
Bitcoin and the US stock market immediately reversed and fell sharply, experiencing violent fluctuations again. Immediately after that, former US President Trump once again put strong pressure on the anti regime countries, warning them that the US would raise the current tax rate to 50% on the 9th of this month. This series of news has once again ignited market panic.
The cryptocurrency market has experienced severe fluctuations, with Bitcoin soaring to $81213 before rapidly falling back. As of 9:30am on April 8th, Bitcoin reported around $79670, while Ethereum fluctuated around $1574, and its short-term trend remains to be observed.
Over 446500 investors liquidated their positions within 24 hours, with a cumulative liquidation amount of up to 56.8 billion US dollars across the entire network. This collapse, known as the "Lehman Moment of Cryptocurrency," not only shattered the myth of wealth creation in the cryptocurrency industry, but also revealed the dual hidden dangers of leveraged speculation and regulatory vacuum.
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