Global Markets Experience Volatility Amid Economic Shifts

According to BlockBeats, on January 17, U.S. stock markets opened higher but closed lower on Thursday, with all three major indices declining. The S&P 500 fell by 0.21%, the Dow Jones Industrial Average decreased by 0.16%, and the Nasdaq Composite dropped by 0.89%. Major technology stocks also saw declines, with Apple experiencing a drop of over 4%, marking its largest decline in at least five months, and Tesla retreating by more than 3%. In the cryptocurrency market, there was a general trend of fluctuating increases. Bitcoin initially fell from a high of 100,866 USD to a low of 97,335 USD before rebounding and surpassing 102,000 USD, marking a 24-hour increase of 2.33%. This rise in Bitcoin positively influenced the altcoin market, with notable gains in XRP and SOL, driven by developments in the Ripple and SEC lawsuit and rumors of Trump considering establishing a crypto reserve with tokens like USDC, SOL, and XRP. However, the AI Agent sector, after significant gains, is currently experiencing a pullback. In the foreign exchange and commodities markets, the U.S. dollar index rose and then fell, ultimately declining by over 0.1%. Oil prices dropped by more than 2%, moving away from a six-month high. Meanwhile, U.S. Treasury yields and the dollar's decline boosted metal prices, with spot gold rising by 1%, nearly erasing losses since the U.S. election. Recently, with the unexpected decline in U.S. core CPI data and the impending inauguration of Trump, Bitcoin has returned above 100,000 USD, reversing the pessimistic sentiment in the crypto market and reigniting bullish sentiment. However, the crypto market remains significantly influenced by macroeconomic and policy factors, often experiencing substantial volatility during major market events. Investors are advised to be mindful of market volatility and allocate assets wisely.