Recently, the U.S. stock market has experienced a significant fall, and this downtrend has also spread to the encryption market. On August 1, the three major U.S. stock indices showed notable declines, with the Dow Jones Industrial Average dropping by 1.6%, the Nasdaq Index plummeting by more than 2.3%, and the S&P 500 Index decreasing by over 1.8%. The overall market exhibited a widespread decline, with over 4,500 stock prices falling.

The recent market turmoil is closely related to the latest trade policies of the U.S. government. On July 31, Trump signed an executive order imposing tariffs ranging from 10% to 41% on multiple countries and regions. Although the implementation date was postponed from the originally scheduled August 1 to August 7, the market's reaction was still strong. Notably, Trump also hinted that separate tariff measures might be introduced in the coming weeks targeting important industrial products such as pharmaceuticals, semiconductors, and critical minerals, which undoubtedly increases market uncertainty.

Tech giants have not been spared from the turmoil. Amazon's stock price once plummeted over 7%, resulting in a market value evaporating by about $178 billion. Other tech giants such as Nvidia, Meta, Tesla, Google, Microsoft, and Apple also experienced varying degrees of decline in their stock prices.

At the same time, there were severe fluctuations in the foreign exchange and commodity markets. The exchange rate of the US dollar fell sharply, while the price of gold rose significantly, and the price of crude oil also saw a substantial decline. These market changes further reflect investors' concerns about the global economic outlook.

Currently, market sentiment seems to have returned to concerns over tariff policies. In this uncertain environment, investors need to remain patient and closely monitor developments. At the same time, the cryptocurrency market, as part of the global financial ecosystem, also finds it difficult to stand apart, showing a trend of correction in sync with traditional markets.

Despite the increased volatility in the market in the short term, this may also create new opportunities for long-term investors. During this challenging period, it is particularly important to prudently assess risks and maintain a rational investment attitude.