CoinMeta data: Today, the global market collapsed, with gold prices falling by more than 1% to around $4,087 per ounce, and silver dropping by over 2.4% to $56.20. Japan's Nikkei index fell by about 2.3%, resulting in a one-day market loss of 17.8 trillion yen. Bitcoin fell below $83,000, and Ethereum dropped to $2,445, causing the global crypto market's market value to shrink to $2.87 trillion. This sell-off was mainly due to concerns about inflation triggered by rising oil prices. Saudi oil fields were attacked by drones and missiles from Yemen's Houthi militants, and both Brent and WTI crude oil prices broke through $111 per barrel. The market expects the Federal Reserve to maintain high interest rates, leading investors to sell off gold and silver.