On February 3rd, Mexican President Shinbaum previously said that good talks with Trump had resulted in some agreements, and the implementation of US tariffs would be delayed by one month. Affected by the news, market optimism has increased, and the three major US stock indexes have narrowed their losses. The Dow fell to 0.5% and the Nasdaq fell to 1.3%. The Mexican peso erased losses against the dollar. Spot gold fell about $15 from its daily high.
A number of blockchain concept stocks in the United States fell sharply before the market, with Hut 8 falling more than 9%, Canaan Technology (CAN. O) falling more than 8%, MicroStrategy (MSTR. O) falling more than 7%, and Coinbase (COIN. O) falling more than 7%. (Jin Ten)
According to market news, the Chicago Options Trading Platform (Cboe) has announced plans to launch 24-hour, 5-day-a-week U.S. market trading.
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In premarket U.S. stocks, NVIDIA (NVDA. O) fell nearly 3 percent, while Arm (ARM. O) and TSMC (TSM. N) fell more than 3 percent.
On February 3rd, US cryptocurrency concept stocks fell across the board, with Coinbase falling more than 7% and MicroStrategy and MARA Holdings falling more than 6%.
The drop in the entire cryptocurrency market over the past 24 hours has sent Trump's token, "TRUMP," further down, reaching a staggering 75% from its peak. Issued just days before his swearing-in ceremony on January 20, Trump is the first "meme coin" to be officially endorsed by a sitting US president. An analysis by CoinDesk shows that in less than 48 hours after it went live, the token's market cap soared from zero to a peak of $14 billion.
U.S. cryptocurrency concept stocks fell premarket, with Coinbase down more than 7 percent and MicroStrategy and MARA Holdings down more than 6 percent.
On February 3rd, the Nikkei 225 index closed down 1052.40 points, or 2.66%, at 38520.09 points on February 3rd (Monday); South Korea's KOSPI index closed down 64.04 points, or 2.54%, at 2453.33 points.
According to Lookonchain, after the market fell, whales "7Siblings" bought $111.72 million worth of ETH, with an average price of $2,480.
Karl Schamotta, chief market strategist at Corpay in Toronto, said: "We expect selling pressure to hit the Mexican peso and the Canadian dollar when Asian markets open on Monday, but it is difficult to assess how severe the decline will be and financial marekt could undergo a painful correction in the coming weeks as market participants start to take Trump's actions seriously."
According to Hypurrscan data, a giant whale that has attracted much attention in the market to short ETH with 50 times leverage has not yet made a profit when ETH fell to nearly $2100, and has now made a profit of about $48.40 million.
According to Binance market data, the USDT street price rose to 7.7 yuan for a short time, and is now at 7.52 yuan. The current exchange rate of the US dollar against the RMB is 7.2507 yuan, and the USDT premium rate is 3.71%.