Following the announcement of new tariffs, stock markets showed negative dynamics, while cryptocurrencies, particularly Bitcoin, set new records. This article reviews the main influencing factors on the markets.
Tesla's Stock Declines and Market Influence
Tesla's shares opened the week down, falling to $315.35, a 0.095% dip. This drop coincided with a broader selloff across US equities and metals.
Bitcoin Sets New Records
Bitcoin managed to stay above $108,500 before closing Sunday at over $109,000, marking a historic close for the cryptocurrency. Nearly 50,000 BTC moved into US spot ETFs, signaling strong institutional demand.
Uncertainty Surrounds Tariffs and S&P 500 Response
The Treasury Secretary confirmed the new tariff date during an appearance on CNN. This created confusion among investors who expected tariffs to be implemented sooner. There are concerns tariffs may revert to previous high levels against EU goods.
The financial markets remain tense amid uncertainty caused by new tariffs. Investors are watching changes in both stock and cryptocurrency sectors.
