On March 29, #BTC & ETH 行情分析 , Bitcoin continued its previous fall, dipping to $83,387. During the same period, the sell-off in the U.S. stock market intensified, with the Dow Jones falling by 700 points and the S&P 500 index plummeting by 112 points, evaporating a trillion in market capitalization in a single day. The market attributed the panic to the core PCE price index rising unexpectedly to 2.8% in February, combined with the Trump administration's announcement of a 25% tariff on imported cars, which created a chain reaction in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
On March 29, #BTC & ETH 行情分析 , Bitcoin continued its previous fall, dipping to $83,387. During the same period, the sell-off in the U.S. stock market intensified, with the Dow Jones falling by 700 points and the S&P 500 index plummeting by 112 points, evaporating a trillion in market capitalization in a single day. The market attributed the panic to the core PCE price index rising unexpectedly to 2.8% in February, combined with the Trump administration's announcement of a 25% tariff on imported cars, which created a chain reaction in the market.