【Crypto World】Tuesday’s market was full of twists and turns. Trump once again called for tariffs, directly causing the US stock market to tumble—Dow Jones Index fell 1.75%, Nasdaq dropped even more sharply by 2.4%, and the S&P 500 also couldn’t escape, declining over 2%. This wave of selling is not an isolated event; it is linked to the intense fluctuations in the Japanese bond market, with the 30-year Japanese government bond yield soaring by 26 basis points in one go, and global risk sentiment clearly cooling down.
As a result, Bitcoin couldn’t remain unaffected. Its price directly broke below $90,000, notably piercing through the support of the long-term trend line. From the market performance, Bitcoin is now truly acting as a risk asset, moving entirely in line with macro expectations. In the short term, this correction may continue, and the key will be whether the US stock market can stabilize.
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BearMarketSage
· 10h ago
As soon as Trump speaks, the US stock market is doomed, and BTC follows suit, dropping below 90,000. This pace is truly incredible.
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TrustlessMaximalist
· 10h ago
Whenever Trump opens his mouth, my assets shrink... It's the same old trick
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Breaking 90,000 really depends on when the US stock market stops bleeding, otherwise I can only lie flat and wait for the rebound
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BTC has become a follower of risk assets, isn't this what I've been worried about all along?
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Japanese government bond turmoil + US stock market crash, the crypto circle will be sacrificed again, damn
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Tariff cards are being played again, can this drag the global markets into it this time?
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Breaking below 90,000 is just the appetizer, I'm really afraid of how the next few days will unfold
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A change in macro expectations? BTC claims independence... laughable
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Is there room for a rebound in risk assets? It's too early to say that now, brother
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Don't buy the dip before the US stock market stabilizes; there have been too many lessons
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MonkeySeeMonkeyDo
· 10h ago
Whenever Trump speaks, the US stocks crash, and BTC follows suit... This is the fate of risk assets.
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CompoundPersonality
· 10h ago
Once again, it has fallen below 90,000. Trump's mouth is really something else.
Bitcoin is just a barometer; it moves with macro trends.
The Japanese government bond fluctuations are so big, it feels like the whole world is panicking.
Not only are US stocks unstable, but BTC has no chance.
We still have to wait; now buying the dip is like inviting a knife.
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GateUser-2fce706c
· 10h ago
When others are fearful, I am greedy. I’ve been waiting for this opportunity to break below 90,000. In critical moments, it’s still about who can hold on to the bottom. The chance is right there, and I really can't afford to hesitate anymore.
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OffchainOracle
· 10h ago
Once Trump speaks, global assets tremble... Bitcoin has become a puppet of risk assets, and I really can't see any reason for a short-term rebound.
US stocks plummet, Japanese bond turmoil drags down BTC—What is the potential rebound space for risk assets?
【Crypto World】Tuesday’s market was full of twists and turns. Trump once again called for tariffs, directly causing the US stock market to tumble—Dow Jones Index fell 1.75%, Nasdaq dropped even more sharply by 2.4%, and the S&P 500 also couldn’t escape, declining over 2%. This wave of selling is not an isolated event; it is linked to the intense fluctuations in the Japanese bond market, with the 30-year Japanese government bond yield soaring by 26 basis points in one go, and global risk sentiment clearly cooling down.
As a result, Bitcoin couldn’t remain unaffected. Its price directly broke below $90,000, notably piercing through the support of the long-term trend line. From the market performance, Bitcoin is now truly acting as a risk asset, moving entirely in line with macro expectations. In the short term, this correction may continue, and the key will be whether the US stock market can stabilize.