It’s a wild ride, folks! π U.S. markets just took a nosedive, losing a whopping $9.6 trillion since Trump’s second term kicked off. That’s more than the GDP of most countries! π°
Stocks are in a freefall, with the Nasdaq on the brink of a bear market. JPMorgan now predicts a 60% chance of a recession. Yippee! π
Big Tech Takes a Hit
Apple and Tesla are feeling the pinch, with Apple down 12.5% and Tesla losing a whopping 37%! It’s like they’re both trying to fit through a keyhole. π€¦ββοΈ
Other tech giants like Alphabet, Microsoft, and Amazon are also taking a hit. The tech sector is in a tailspin, and it’s not looking up anytime soon. π
Crypto’s Volatility
Bitcoin, on the other hand, is showing some resilience. It dipped by 1-2% but bounced back to $83,263. Investors are still betting on its future, even in this chaos. π
Both short-term and long-term holders are increasing their BTC positions, proving that some people still believe in the crypto dream. π‘
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2025-04-04 19:15