Global Financial Market Situation on September 1: Today is Labor Day in the United States, the stock market is closed, and the trading of U.S. Treasury bonds is also halted. The market remains relatively stable, so let's take a look at the situation in the markets that are still open. 1. Gold prices are accelerating upward, with an intraday increase of 0.66%, quoted at $3,470 per ounce. 2. International crude oil prices continue to rise, with an intraday increase of 0.98%, quoted at $68.15 per barrel. 3. The U.S. dollar index has decreased by 0.25%, currently around 97.6. 4. The VIX index is at 16.22; although it remains stable, there was significant volatility in the afternoon. Assessment: During the closure of the U.S. stock market, the market remains relatively stable. However, the underlying concerns have once again pushed up the price of gold. It is still uncertain whether the rise in gold prices is solely due to risk aversion factors. The afternoon volatility of the VIX...
Market data for September 1: 1. Market capitalization is relatively stable, but #Bitcoin's market cap has increased, while the share of #ETH and altcoins has weakened, indicating a poor short-term risk appetite in the market. 2. Trading volume has increased by 36%. The expected lower liquidity on Monday did not materialize, and the market is gradually becoming more active, which is a good sign as it reduces the risk of high volatility. 3. The amount of funds retained in the market remains unchanged at 286.8 billion. 4. USDT: Official website data shows a total of 168.007 billion, unchanged from yesterday, with Asian funds pausing inflow today. 5. USDC: Data from the website shows a decrease in market cap by 0.05 billion, with funds in the US region also remaining basically unchanged. Assessment: On Monday, it is Labor Day in the US, and the stock market is closed. The concerns about lower liquidity did not occur; instead, liquidity has increased, which alleviates short-term...
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