Recent market news shows that the United States and Japan have reached a trade protocol, and there is hope for a similar protocol with the European Union. This positive signal has boosted investor sentiment, driving the US stock market higher. Both the S&P 500 and Nasdaq indices have set new historical highs, while the Dow Jones Industrial Average is just 4 points away from reaching its historical peak.

However, the cryptocurrency market is showing a different trend. In the past 24 hours, the overall market capitalization has fallen by 2.36%. This may be due to the market accumulating a 25% rise over the past month, causing investors to face profit-taking pressure. Bitcoin's dominance in the market has slightly increased to 61.01%. Meanwhile, XRP and BNB have experienced a pullback after breaking historical highs, and the altcoin index has quickly dropped from 51 to 43.

The President of the United States stated that before the deadline of August 1, he will set what is called a "reciprocal" tariff rate, but it will not be lower than 15%. He further explained: "We will adopt direct and simple tariffs ranging from 15% to 50%." This statement seems to confirm investors' expectations that Washington may adopt relatively pragmatic trade policies before tariffs significantly impact corporate profits.

Despite the overall downtrend in the cryptocurrency market, market fluctuations remain severe. According to statistics, the total liquidation amount across the network reached $742 million, reflecting the divergence in market participants' judgments regarding short-term trends.

Overall, the traditional financial market and the cryptocurrency market show different trends. The former benefits from positive expectations of trade protocols, while the latter faces short-term adjustment pressure. This divergence also reflects the different characteristics and influencing factors of the two markets. Investors need to closely monitor subsequent developments and allocate assets reasonably to cope with potential market fluctuations.