鲍威尔十分钟后将就经济前景发表讲话，美股跌幅暂时收窄

On April 4th, Federal Reserve Chairman Powell will deliver a keynote speech on economic prospects in ten minutes. The three major U.S. stock indexes temporarily narrowed their decline to within 3%. (<金十>)

<div><p>On April 4, Federal Reserve Chairman Powell will deliver a keynote speech on economic prospects in ten minutes. The three major U.S. stock indexes have temporarily narrowed their decline to within 3%. (Jinshi)</p></div>

Powell will give a speech on the economic outlook in ten minutes, and the decline of U.S. stocks has temporarily narrowed

When the sickle wears a suit, the tears of leeks become the best lubricant
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In the crypto world on the early morning of April 14, 2025, a capital script more bloody than "Squid Game" was staged. The MANTRA chain token OM, which focuses on the RWA (Real World Asset tokenization) concept, completed a "faith cleansing plan" worth $5.5 billion in 90 minutes: the price plummeted from $6.15 to a low of $0.37 within 4 hours, a drop of 94%, equivalent to throwing the Shanghai Center Tower from a height of 632 meters into the Huangpu River, while not forgetting to send a leveraged buy the dips guide to the onlooking crowd.
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A 94% plunge in four hours, from faith recharge to faith collapse, revealing the magical realism harvesting script of OM coin

In the early morning, the RWA sector project <MANTRA> (OM) dropped by 90% in a short time, plummeting from $6 to $0.5, with a market value evaporation of over $5.5 billion.

Three hours later, the <MANTRA> team released a statement, claiming that the decline was caused by irrational liquidation and was unrelated to the project itself, emphasizing that it was not the team's doing.

Subsequently, OM surged from around $0.5 to $1.2, experiencing a brief sharp rise. According to <Coinglass> data, within just four hours, the OM contract liquidation amount reached $58 million.

After evaporating $5.5 billion in 15 minutes, it soared 4 times. Why did the "demon coin" OM suddenly plummet?

Author: Fairy, ChainCatcher
Editor: TB, ChainCatcher

"This is even worse than LUNA."

In the early morning hours of Beijing time, a sudden plunge left many crypto investors sleepless. The MANTRA token OM plummeted by about 10% within a short hour, then dramatically crashed from $5.21 to $0.50, a staggering drop of 90%.

A wave of shock swept through, with community members sharply commenting: "Many people were still holding OM to earn interest, without even a chance to escape, which is even more brutal than LUNA's..."

Powell will give a speech on the economic outlook in ten minutes, and the decline of U.S. stocks has temporarily narrowed

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