Bitcoin fell overnight, 290,000 people exploded, and the global financial market was volatile.

According to CoinGlass, during the last 24 hours, the virtual currency market has exploded with a total of 296.3 million people, with a total of $920 million (approximately $6.658 billion). This has not only shocked investors, but also highlighted the volatility and risks of the virtual currency market.

On Friday, the Dow Jones industry averaged 1.24%, the NASDAQ composite index 1.62%, and the Standard & Poor’s 500 index 1.46%. In particular, the bank’s weak performance, with Morgan Chase stock prices falling by 6.43%, has hit the largest fall since June 2020. Gold prices have also experienced severe shocks in the context of financial-market turmoil. The London gold disk, which rose by over 2% at a time, reached a historic high of $2431, but the tail fell suddenly, eventually reaching US$ 2343.78/ounces, a decline of 1.39%.

Meanwhile, US President Biden warned that Iran would not attack Israel, and that the US would help Israel defend itself. This series of events has increased uncertainty in global financial markets. In the context of financial market volatility and geopolitical tensions, investor sentiment has been seriously affected. Several CEOs have expressed concerns about inflation, while recent financial statements suggest that even the largest banks face higher interest-rate challenges.

In response to the current market turmoil and tensions in the Middle East, analysts pointed out that this would further influence the evolution of global financial markets. They suggested that investors should pay close attention to market dynamics and take prudent decisions to avoid potential risks.