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Digital currency exchange analyzes Wall Street's defection to the new economic policy, XBIT becomes a market turbulence stabilizer
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Crypt_IO
04-07 15:40
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Digital currency exchange analyzes Wall Street's defection to the new economic policy, XBIT becomes a market turbulence stabilizer
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On April 6, the latest survey results released by Forbes sparked widespread heated discussions in the financial community. The survey shows that Wall Street elites' support for the Trump administration's economic policies has dropped sharply. As many as 72% of top financial leaders believe that Trump's economic plan is ineffective, and 66% have clearly stated that they do not support his economic policies. The change in this data reflects the huge change in Wall Street's attitude towards Trump's economic policies. When the market fluctuates violently due to Trump's economic policies, investors urgently need a stable and efficient trading platform to deal with it. The XBIT decentralized exchange platform combines multi-chain liquidity such as Solana and EthereumL2 (Blast & Base) to achieve instant trading and low slippage liquidity, and the transaction price deviates very little from the expected price

Trump's tariff measures were the first to be questioned, and only received a low score of 1.86 points in the full score system. This move not only triggered violent turmoil in the global market, but also caused the US stock market to suffer the largest single-day drop since 2020, with the S&P 500 index falling 4.8%.

From a professional perspective, although the tariff measures are aimed at protecting domestic industries, their negative impact cannot be underestimated in today's highly developed globalization. It disrupts the global supply chain, increases the production costs of enterprises, and thus leads to rising prices of consumer goods. According to different operating models, digital currency exchanges can be divided into two categories: centralized exchanges and decentralized exchanges (DEX). The XBIT decentralized exchange platform uses an efficient on-chain matching engine that can provide fast transaction execution speed while ensuring security. This allows investors to quickly seize investment opportunities in the ever-changing cryptocurrency market.

Analysts have warned that these "reciprocal tariffs" are very likely to pull down the US GDP growth rate to below 2%, and the retail industry, especially the clothing industry, will be severely impacted. When corporate costs rise and profit margins are compressed, they tend to pass on costs by raising product prices, which directly affects consumer purchasing power and suppresses market demand. The decline in market demand will in turn affect the production and investment decisions of enterprises, forming a vicious cycle.

Investor confidence has also been severely weakened in this policy storm, and market buying has almost disappeared. Among those who supported Trump a few weeks ago, more than a third have now changed their positions and no longer support his economic policies. The XBIT decentralized exchange platform supports multi-chain aggregation protocols and seamlessly integrates mainstream public chain assets such as Ethereum and Solana. Users can transfer and trade assets through multiple blockchain networks, greatly improving the flexibility and scalability of the XBIT decentralized trading platform.

Among them, most people (54%) believe that Trump has failed to effectively implement his plan. This change in attitude fully reflects investors' high attention to policy stability and effectiveness. When making investment decisions, investors often consider a variety of factors such as the policy environment and economic prospects. These digital currency exchanges have their own characteristics, some focus on the richness of trading varieties, and some focus on improving transaction speed and user experience. The core functions of digital currency exchanges mainly include trading functions, asset management functions, risk management functions and community service functions.

Forbes' survey also asked Wall Street bosses to rate specific aspects of Trump's economic policies. In addition to the dismal score on tariffs, his score on the stock market was equally bad, only 1.96 points, with 25 respondents giving the lowest score of 1 point. This reflects Wall Street's dissatisfaction with the impact of Trump's policies on the stock market.

It is worth mentioning that the score for cryptocurrencies is only 2.0 points. Although the cryptocurrency market has a certain degree of independence, it is difficult to remain immune in the macroeconomic policy environment. Unstable economic policies will increase the overall risk of the market, making investors more cautious about investing in various assets, including cryptocurrencies.

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