Rädsla för krig, Monkeypox får aktie- och kryptomarknaderna att krångla medan ädelmetallen stiger högre

Aktie- och kryptovalutamarknaderna på torsdagen såg volatilitet, efter att ha upplevt fluktuationer under spänningarna mellan Kina och Taiwan på tisdag och onsdag. Stora index som S&P 500, Dow Jones, och NYSE har tappat några procent idag, while the global cryptocurrency market capitalization lost 2.5% i 24 timmar, dropping to just above the $1.1 trillion range. Precious metals, å andra sidan, traded higher as U.S. president Joe Biden’s administration declared that the Monkeypox virus a public health emergency in the United States.

Innehåll

China and Taiwan Tensions and Monkeypox Reports Cause Stock and Crypto Prices to Fluctuate, Precious Metal Markets Rise Catching ‘Safe-Haven Demand’

Stock and crypto traders faced some headwinds on August 4, the day after the American representative from California, Nancy Pelosi, visited Taiwan to discuss democracy with the Taiwanese president Tsai Ing-wen. Global markets saw some fluctuations before the U.S. diplomat visited Taipei and during the visit on Wednesday as well.

Equities and precious metals markets slid the day before on August 3, while the crypto economy managed to consolidate for another day. U.S. equities markets took a dip again on Thursday as the Dow Jones dropped 85 points lower during the afternoon (EST) trading sessions. Kryptovalutor followed the drop in stock markets during the course of the day.

Fear of War, Monkeypox Causes Equity and Crypto Markets to Churn While Precious Metal Spike Higher
Dow Jones Industrial Average Index on August 4, 2022.

While Nasdaq was up, S&P 500, NYSE, and many other stocks saw losses during the course of the day. The crypto economy saw losses as well, as the entire lot of digital assets today lost 2.5% in the last 24 hours against the U.S. dollar.

Fear of War, Monkeypox Causes Equity and Crypto Markets to Churn While Precious Metal Spike Higher

Den ledande kryptotillgången bitcoin (BTC) slipped 5% on Thursday afternoon from $23,548 till $22,395 i värde. Ethereum (ETH) too lost 5% today after tapping a 24-hour high at $1,666 per unit down to a low of $1,545 per coin. Out of the top ten crypto market cap contenders, solana (SOL) lost the most losing 5.6% during the day and polkadot (PUNKT) shed 5.5%.

Fear of War, Monkeypox Causes Equity and Crypto Markets to Churn While Precious Metal Spike Higher
BTC/USD 4-hour chart on on August 4, 2022.

In Europe, de Ukraina-Ryssland kriget rages on and tensions between China and Taiwan have escalated this week. While Asia deals with the tensions, Europe is dealing with an energy crisis and a recession. USA. is also dealing with what many believe is a recession even though American bureaucrats and their experts have uppgav otherwise.

Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
Three out of the four top indexes on Thursday saw more losses after a turbulent day prior. Losses are being blamed on tensions between China and Taiwan, Apkoppor, and the upcoming July jobs report.

På torsdag, USA. Labor Department published the weekly jobless claims data, which notes claims increased by 6,000 till 260,000. As the weekend approaches, stock traders have been interested in America’s July jobs report, which is due to be published on Friday. A couple of hours before the closing bell on Thursday, a few of the top Wall Street indexes like the Dow, and the S&P 500 rebounded slightly. By the end of Wall Street’s trading day on Thursday, three out of the four major indexes were down.

Fear of War, Monkeypox Causes Equity and Crypto Markets to Churn While Precious Metal Spike Higher
Gold price on August 4, 2022.

Under tiden, gold and silver markets saw some relief on Thursday as both assets climbed higher. Gold’s price per ounce jumped 1.64% while silver’s value per ounce against the U.S. dollar increased 1.04%. I augusti 4, Kitco’s Jim Wyckoff attributed the precious metals spike to tensions in Asia when he said that gold and silver prices were higher in the U.S. “on safe-haven demand as China-Taiwan-U.S. tensions have escalated this week.”

vidare, på torsdag, reports detail that the U.S. has officially declared the virus Monkeypox a public health emergency. The Washington Post (WP) reporter Dan Diamond förklarade that “two officials who spoke on the condition of anonymity” said that the Biden administration will declare monkeypox an outbreak and a public health emergency. Diamond wrote that the message would stem from the White House Health and Human Services secretary Xavier Becerra.

Following the report, Becerra ended up declaring monkeypox a public health emergency now in the U.S., during an afternoon news briefing. “We’re prepared to take our response to the next level in addressing this virus, and we urge every American to take monkeypox seriously,” the health secretary stressed to the press.

Taggar i denna berättelse
Biden administration, Bitcoin, BTC, Kina, kryptoekonomi, Kryptomarknader, DOW, aktier, aktiemarknaderna, ETH, Ethereum, guld-, hälsosekreterare, Jim Wyckoff, Kitco, market updates, Apkoppor, nasdaq, NYSE, nödsituation för folkhälsan, S&P 500, silver-, Aktiemarknader, Taiwan, Ukraina-Ryssland kriget, Wall Street index, Krig, Vita huset, Xavier Becerra

What do you think about the stock and crypto market action on Thursday while gold and silver prices saw some gains? Let us know your thoughts about this subject in the comments section below.

Jamie Redman

Jamie Redman är nyhetsledare på Bitcoin-Tidings.com News och en finansteknisk journalist som bor i Florida. Redman har varit en aktiv medlem i kryptovalutagemenskapen sedan dess 2011. Han har en passion för Bitcoin, öppen källkod, och decentraliserade applikationer. Sedan september 2015, Redman har skrivit mer än 5,700 artiklar för Bitcoin-Tidings.com Nyheter om de störande protokoll som dyker upp idag.




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