4E: "Black Monday" is coming, global risk assets big dump.

According to ChainCatcher news and monitored by 4E, a tariff storm is sweeping the globe, causing market panic and intensifying the selling wave of risk assets. Following a nearly 10% fall last week, US stock futures opened sharply lower on Monday, with S&P 500 and Nasdaq futures at one point dropping over 5%. As of the time of this report, the declines have narrowed to 2.39% and 3.17% respectively, while Dow futures fell by 2.42%. Similarly, the Asia-Pacific stock market opened with severe losses, with the Nikkei index experiencing a big dump of 8.1%, the Korean KOSPI index dropping by 5.14%, and the three major A-share indexes each falling over 4%. The Hong Kong Hang Seng Index opened with a decline of 9.28%. The cryptocurrency market has plunged across the board, showing a high correlation with the U.S. stock market. Bitcoin oscillated narrowly around 83,000 over the weekend, and early Monday morning it began to break through key support levels consecutively, reaching a low of 77,100 dollars, marking a near one-month low. Other major coins also fell sharply, with Ethereum dropping 13.5% to 1,580 dollars. The global cryptocurrency market cap shrank from 2.4 trillion dollars to 2.16 trillion dollars, a decline of 10%. The total liquidation amount across the network in the past 24 hours was 886 million dollars. The market is in a state of extreme panic. The commodities market also did not escape unscathed. Spot gold fell below the psychological level of 3000 dollars, reaching a low of 2971 dollars. U.S. oil dropped to 59.80 dollars a barrel, down 12% from last week's high, hitting a new low since April 2021.