On April 11th, COINOTAG reported that the intensifying tensions from the **US-China trade war** have overshadowed the positive effects of declining **inflation rates**. Investor apprehensions took precedence as the US stock market struggled to maintain the momentum gained on Wednesday, leading to significant intraday declines. The **S&P 500** experienced a drop of 3.5% by market close, having slid as much as 6.3% during the day, nearing its **circuit breaker threshold**. The **Nasdaq** and **Dow Jones** followed suit, decreasing by 4.31% and 2.5% respectively.
In the cryptocurrency arena, Bitcoin demonstrated volatility, retreating from $82,000 to a low of $78,464, which largely reversed the gains from the previous day. Currently priced at $80,258, it reflects a 2.67% decrease. Ethereum, affected by strategic sell-offs and a decoupling of **sUSD**, now trades under $1,500 at $1,541, marking a staggering 6% drop in 24 hours. Meanwhile, the **US Dollar Index** saw its most pronounced decline since **2022**, suggesting a shift in market sentiment.
In reaction to broader economic fears triggered by potential **tariffs**, investments are being re-evaluated. Amidst this scenario, eeee.com launched a USDT **stablecoin product** offering an 8% annual yield, providing a potential hedge against ongoing market fluctuations. Investors are advised to proceed with caution and manage their portfolios diligently in light of prevailing uncertainties.