4E: Middle East situation escalates, US stock market Cryptocurrency collectively declines

BlockBeats news, on October 2nd, local time on Tuesday, Iran launched a missile attack on Israel, escalating the tension in the Middle East once again, triggering cautious sentiment in the global markets, with the US stock market and the crypto market falling in response. The three major US stock indexes all fell, with the Dow falling by 0.41%, the S&P 500 falling by 0.93%, and the Nasdaq falling by 1.53%, with tech stocks performing the worst in the zone; the crypto market saw a significant decline, with BTC nearly losing the $60,000 mark, currently trading at $61,523, with a 24-hour decline of 2.75%, and Ethereum falling by 5.11%, as market sentiment returns to panic. Data shows that BTC fell by about 4% in the first two days of October, sharply contrasting with the historical average rise of 20% for the entire month of October; in terms of bulk commodities, the safe-haven asset gold is favored, with the NYMEX December gold futures rising by 1.16%, and market concerns about oil supply heating up, with international crude oil prices rising by over 4% at one point. The escalation of tension in the Middle East has led to rapidly rising panic sentiment in the market, with risk assets being dumped and market fluctuations increasing. eeee.com is a financial trading platform that supports assets such as cryptocurrency, stock indices, bulk gold, forex, etc., and has recently launched a USDT stablecoin financial product with an Annual Percentage Rate of 5.5%, providing potential hedging options for investors. 4E reminds you to pay attention to the risk of market fluctuations and to allocate assets reasonably.