Bitcoin plummeted 9%, price fell back to $85,000; Trump's tariff policy triggered market turmoil and US stocks fell across the board; US Secretary of Defense reiterated that Taiwan is the core interest and will not give up on Asia-Pacific: News Focus

Welcome to our "News Focus" program, I am your host: Yunjie. Today we focus on the dynamics of global financial markets. First, the price of Bitcoin plummeted by nearly 9%, from the $93,000 rise that had risen by Trump's announcement of the establishment of US strategic crypto reserves, quickly falling back to $85,000, which made investors frightened. As other cryptocurrencies such as Ethereum and Solana fell even harder, the entire market was hit harder. Next, Trump's tariff policy once again triggered market turmoil. He announced that he would impose a 25% tariff on commodities from Canada and Mexico. The news caused US stocks to fall across the board, and technology stocks and small-cap stocks suffered heavy blows. The market is full of uneasy about the future economic situation, investors' risk aversion sentiment has increased, and the volatility of the stock market has also increased. Finally, the Taiwan Secretary of Defense reiterated that the United States will not give up its support for Taiwan and emphasized that stability in the Taiwan Strait is the core interest of the United States. Faced with changes in the international situation, Taiwan's trust and dependence on the United States continue to increase. Please continue to watch the details. #Xi Jinping #Prime Minister #President #British Prime Minister #British Prime Minister #Japanese Prime Minister #Major Events #Wall Street Today# Click as you want