Dow futures show signs of Black Monday? Bitcoin also crashes along with it!
- byVic

讀後心得
U.S. stock futures plummeted on Sunday night, with Dow futures dropping over 1,500 points. Experts predict that Wall Street may face significant impacts on Monday. The Trump administration's reciprocal tariff plan has triggered market panic, leading to a wave of stock sell-offs, while Bitcoin has also fallen below $80,000. Investors are unsettled by the lack of positive negotiation news, and China's 34% tariffs on U.S. imports have further intensified the panic. Financial experts warn that if Trump continues to pursue these policies, a market crash similar to that of 1987 could occur.
US stock futures fell sharply on Sunday night, with Dow futures dropping more than 1500 points. Foreign media analysis suggests that this may herald a "catastrophic day" for Wall Street during Monday's early trading.
As the US government's reciprocity tariff policy sparked panic in the global market, there was a massive sell-off in the stock market. On Sunday evening local time, Dow futures plummeted, and the cryptocurrency market, including Bitcoin, was also affected, with Bitcoin prices falling below $80,000.
Investors did not receive the expected positive news over the weekend, as the Trump administration failed to engage actively in negotiations with various countries and did not consider delaying the reciprocity tariffs set to take effect on the 9th. Meanwhile, Trump's actions and those of his officials seemed to downplay the impact of the stock market sell-off, deepening market anxiety.
Even more concerning is that these reciprocity tariffs seem to be calculated based on a rough formula, rather than being grounded in clear economic theory. China has also announced a 34% tariff on all American imports instead of opting for negotiation, making investors even more nervous.
Notable financial commentators warn that if Trump continues to push his tariff policies, it may lead to a repeat of the "Black Monday" of 1987, when the market crash caused the Dow Jones Industrial Average to plummet 22.6% in a single day.
On the other hand, Bitcoin fell below $78,000 on Sunday evening, despite having maintained a price above $80,000 for most of this year, with several brief declines during that period.
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