The US Retail Organization Urges Trump to Abandon Tariff Policy

On April 3rd, as per 4E monitoring, Trump announced tariff retaliation last night. He adopted a dual-track system that combines "benchmark tariffs" with a "single-country single-rate" approach, and the tariff rates exceeded market expectations. Initially, the US stock market was optimistic as the 10% benchmark tariff was lower than expected, and the major indexes all closed higher. However, after the specific high tariff rates were announced, investors became concerned about the escalating global trade war risk, which could potentially drag the US economy into a recession. Panic selling occurred after hours, resulting in a sharp decline in stock index futures. At the time of writing, S&P 500 futures fell by more than 2.79%, Nasdaq futures dropped by more than 2.65%, and Dow Jones futures slipped by more than 1.9%. The cryptocurrency market witnessed a widespread decline. Initially, driven by tariff optimism, global risk assets rose across the board. Bitcoin surged to $88,500 at one po

On April 3rd, according to alternative data, the cryptocurrency Fear and Greed Index for today is 25 (yesterday it was 44), suggesting a return to "extreme fear" in the market. Note: The threshold for the Fear Index is 0-100 and it includes indicators such as Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Dominance in the Market (10%) + Google Trends Analysis (10%).

On April 3rd, WEEX made an announcement stating that the platform has launched Wing Finance (WING), Fluid (FLUID), and PumpBTC (PUMP) U Perpetual Contracts, with a leverage support of up to 50x.

On April 3rd, based on the official website data of the FDUSD issuer, the current total circulation of FDUSD is approximately 2.449 billion. It is mainly circulating on the Ethereum network, with a circulation of 2.072 billion. In addition, FDUSD is also circulating on the Solana, BSC, and Sui networks.

On April 3rd, according to Arkham Data, the issuer of FDUSD burned a total of 23.58 million tokens within nearly 1 hour. This might be to handle token redemptions. Furthermore, based on CoinGecko data, FDUSD is currently trading at $0.991.

On April 3rd, Suji Yan, the founder of Mask Network, posted on social media, indicating that the team has noticed the recent sudden drop in the price of MASK and is currently investigating more information and details. It is expected that a solution will be provided within 1 to 2 days. Suji Yan also stated that Mask and its ecosystem are committed to long-term development and will continue to operate for many years.