The fluctuations in the US stock market on Tuesday were mainly due to two major concerns.

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Phyrex
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1 day ago

On Tuesday, the fluctuations in the US stock market were mainly due to two major concerns: one was Trump's health issues, and the other was the ruling that tariffs were illegal. Over the weekend, health concerns gradually escalated, but Trump made a personal appearance and spoke clearly and naturally, alleviating market tension, which led to a rebound in the stock market after his speech. The tariff issue is more complicated; if the Supreme Court appeal fails, it would not only damage Trump's credibility but also impact the industries he supports, including cryptocurrency and $BTC.

Despite the pressure on the US stock market due to uncertainty, BTC performed relatively well, maintaining a healthy trend amidst fluctuations, with key support levels remaining solid. If there are no new negative developments, market sentiment may have already digested the weekend's pressures, and attention will shift to the labor data starting Wednesday and its further impact on trends.

This article is sponsored by #Bitget | @Bitget_zh

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