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Crypto and Stocks Sink as Trade War Re-escalates — Is the Rally Already Over?

  • U.S.-China trade tensions escalate with higher tariffs, sparking fears of slower global growth
  • Stock markets plunge as S&P 500 drops 4.35%, Nasdaq down 4.24%, Russell 2000 falls 4.14%
  • U.S. Treasury Bond Futures decline 0.74%, signaling investor uncertainty over tariffs and rate cuts
  • Cryptocurrency market reacts negatively to new developments in ongoing trade dispute, causing market downturn

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