Gate News message, April 5, according to data, within the two months after major global shock events, Bitcoin generally performed better than gold and the S&P 500 index (a U.S. stock market benchmark index). In specific data, after the Trump administration announced large-scale tariff measures in April 2025, Bitcoin rose 24% in the following 60 days, gold rose 8%, and the S&P 500 rose 4%. In early March 2020, when the COVID-19 pandemic broke out, Bitcoin also rose 21%, outperforming gold and the S&P 500 index.

Shanghai Municipal Government issued the “Game 10 Articles for Shanghai,” supporting the development of the gaming and esports industries, focusing on the application and R&D of technologies such as AI, big data, and blockchain, promoting cooperation between game companies and device manufacturers, and exploring multi-device development.

VanEck Research head Matthew Sigel said that demand for hedging in the Bitcoin derivatives market has reached the 99th percentile in history, suggesting that it may be suitable to establish long positions. At the same time, he warned that high capital expenditures in the artificial intelligence sector could put pressure on the market, especially in the S&P 500.

Gate News update. On April 4, after the U.S. stock market closed, the Dow fell 0.13%, the S&P 500 rose 0.11%, and the Nasdaq rose 0.18%. The crypto sector was mixed: SBET fell 4.18%, MSTR fell 2.4%, TRON rose by more than 11.37%, and MARA rose by more than 8.33%.

Korea Investment & Securities is moving forward with the acquisition of Coinone, the third-largest crypto exchange, and is currently working to persuade financial regulators and the National Assembly. The soon-to-be introduced regulations will set the maximum shareholding limit for controlling shareholders at 15%-20%, creating opportunities for outside buyers.

Ampersend went live on April 3 to provide AI Agents with an independent wallet and budget controls. Users can register via the official website or add a Skill for OpenClaw. The product supports multiple open standards and is developed by the Edge & Node team.

On April 3, U.S. stock market closed: the Dow Jones fell slightly by 0.13%, while the S&P 500 and the Nasdaq rose by 0.11% and 0.18%, respectively. Crypto sector performance was mixed: Solana rose 9.41%, while most other digital assets fell. msx.com launched hundreds of decentralized RWA tokens, involving multiple well-known U.S. listed companies.

SpaceX has raised its target valuation for its first public offering (IPO) to $200 billion, exceeding most S&P 500 companies. The company plans to meet with potential investors in the coming weeks to share information supporting that valuation.

On April 2, the three major U.S. stock indexes fell across the board. The Nasdaq fell 1.69%, the Dow Jones fell 1.19%, and the S&P 500 fell 1.34%. The seven major tech stocks also declined in tandem, including Apple down 0.82%, Microsoft down 1.28%, and Alphabet down 2.28%, among others.

Driven by the impact of Trump’s hardline remarks toward Iran, the crypto market weakened, with Bitcoin and Ethereum falling to $66,609 and $2,056, respectively. Market panic sentiment intensified, and the Fear & Greed Index dropped to 8. War risk pushed energy prices up, suppressing the valuations of risk assets, and in the short term volatility in crypto assets could increase.