Lookonchain APP

App Store

4E: US Stock and Crypto Markets Rebound, Focus This Week on US February PCE Price Index

2025.03.24 11:00:34

March 24th. Based on 4E monitoring, during the past week, the dovish remarks from the Federal Reserve and President Trump's statement regarding flexibility in the tariff plan successively boosted stock market confidence. After significant fluctuations, the three major indices closed up collectively for the week: the Dow increased by 1.2%, marking the largest weekly gain in more than two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq rose slightly by 0.17%, halting the previous four-week decline. However, large-cap tech stocks generally closed the week in a lower position, with Nvidia down by 3.26%, Tesla down by 0.53%, and experiencing a consecutive nine-week decline. The cryptocurrency market witnessed fluctuations but overall showed a mild upward trend. Bitcoin dipped below $81,000 on Tuesday and then rebounded. It surged above $87,000 on Thursday following the dovish comments from the Fed and hit a two-week high. After that, it oscillated around the $84,000 level. This morning, it experienced another rapid increase and was trading at $85,721 before the deadline, with a 3.18% increase in the past 7 days. Other major altcoins saw slight gains, with Ethereum striving to hold above $2,000, and the on-chain meme trend of BNB continued to attract attention. Signs of a market recovery are emerging, and investor sentiment is improving. In the commodities market, the US dollar index rose by 0.34% for the week, marking its first weekly gain this month. Tensions between Russia and Ukraine and in the Middle East continued to escalate, resulting in a more than 2% increase in crude oil prices for two consecutive weeks. Spot gold rose by 1.31% last week, extending a three-week upward trend. Last week, the Federal Reserve maintained interest rates unchanged, in line with market expectations, with the guidance for two rate cuts still in place for the year. Powell's remarks also brought some comfort to the market. This week, the focus is on the release of the Fed's preferred inflation measure - the PCE Price Index on Friday. Additionally, as the April 2nd "tariff deadline" approaches, market caution remains due to uncertainty. However, once the tariff outlook becomes clearer, the ongoing market turbulence of recent weeks may start to subside. As a financial trading platform that supports cryptocurrency, stock indices, commodities such as gold, and forex assets, eeee.com recently launched a USDT stablecoin financial product with an 8% annualized return, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate your assets rationally.
Relevant content

Bitwise: Allocating 10% of BHYP's Management Fee to HYPE Buyback

May 18th, Bitwise Asset Management announced its Bitwise Hyperliquid ETF (BHYP) will allocate 10% of its management fee revenue to hold HYPE tokens on an ongoing basis for its balance sheet. Bitwise said this structure aligns with Hyperliquid’s "community-first" tokenomics model—where roughly 99% of the protocol’s revenue goes toward HYPE buybacks and burns—to build a closed-loop system linking protocol growth directly to token value feedback. The firm added this move is intended to deepen the value connection between the ETF and its underlying protocol, ensuring management fee revenues are fully aligned with the broader ecosystem’s expansion.

7 minutes ago

Iran-Related Crypto Fund Flow Sparks Compliance Controversy, Tron and BNB Chain Involved in Political and Sanction Risk Discussion

May 18th – Financial analyst Abdelaziz Fathi reported that Nobitex, Iran’s largest cryptocurrency exchange, has processed roughly $2.3 billion in funds via the Tron and BNB Chain networks since 2023, with most of this activity centered on stablecoin transactions and cross-chain transfers. Per the analysis, Tron network traffic alone has exceeded $2 billion, while BNB Chain accounts for approximately $317 million. Small-scale transfers have persisted even amid recent regional conflicts, and some of these fund flows are linked to sanctioned entities—sparkling concerns over public blockchains’ potential role in cross-border payments and sanction circumvention. The report adds that the infrastructure ecosystem behind these networks is indirectly connected to several cryptocurrency firms, amplifying the issue’s political sensitivity. While both Tron and BNB Chain position themselves as “decentralized infrastructure networks” that do not directly control transactions, their on-chain tr

7 minutes ago

Telegram Founder: Open Machine-to-Machine Communication, Telegram Enters "AI Agent Interoperability Layer"

On May 18, Telegram founder Pavel Durov announced on his personal Telegram channel that the platform now supports direct bot-to-bot communication, enabling automated AI agents to interact with each other and creating an observable, traceable communication network for users. Durov explained this feature was launched in response to requests from AI developers, signaling Telegram’s bot ecosystem has expanded beyond just “human-bot interaction” to include “bot-to-bot collaboration.” The update allows autonomous agents to share information and coordinate tasks within the platform, while keeping all activity transparent and auditable for end-users. Industry analysts think this update could push Telegram to evolve from a simple instant messaging app into a foundational communication layer for AI agent operation and collaboration, serving as the underlying interactive infrastructure for automated services, trading bots, and multi-agent systems.

7 minutes ago

Ondo: Tokenized Stock TVL Surpasses $1.5 Billion, with Top Asset Concentration Around 25%

On May 18th, Ondo Finance announced via social media that the Total Value Locked (TVL) of its tokenized stocks has surpassed $1.5 billion and continues to climb. Within its Ondo Global Markets platform, the current top five most actively traded assets include: Circle Tokenized Asset, S&P 500 ETF, Micron Technology, NVIDIA, and the tokenized version of BlackRock’s iShares Bitcoin Trust (IBIT). Data indicates these five asset classes collectively make up roughly 25% of the tokenized stock sector, signaling the market is rapidly converging on a hybrid framework of "US Stocks + ETFs + Crypto Assets" while expanding its on-chain mapping scale to the traditional U.S. stock market.

7 minutes ago

Senior U.S. Official: Iran's Latest Proposal Not Sufficient to Reach Agreement

May 18 — U.S. media outlet AXIOS reports, citing a senior U.S. official and an insider, that Iran has submitted an updated ceasefire proposal. But the White House views this plan as lacking substantive improvements and insufficient to reach a workable agreement. A separate U.S. official added that while Trump wants to finalize a deal to end the conflict, Iran has rejected many of his key demands and refused to make meaningful concessions on its nuclear program. As a result, Trump is considering resuming military action. These officials noted that if Iran doesn’t adjust its position, the U.S. will have to “negotiate with bombs.” “The truth is, we haven’t made much real progress here,” the senior U.S. official told AXIOS. “The Iranians need to show some sincerity. We need a genuine, robust, detailed dialogue focused on their nuclear program. If that kind of dialogue can’t happen, we’ll have to have that conversation through bombs — and that would be deeply regrettable.”

7 minutes ago

U.S. Stock Market's Three Major Indexes All Decline, U.S. Official Says Iran's Latest Proposal Insufficient to Reach Agreement

May 18 -- All three major U.S. stock indexes finished lower, with Micron Technology (MU.O) sliding nearly 3% after a brief spike of over 4%, SanDisk (SNDK.O) tumbling almost 6%, and NVIDIA (NVDA.O) dipping more than 1% following an earlier gain of over 2%. On the news front: Iran stated that substantive differences still remain between the two sides, while U.S. officials noted Iran’s latest proposal is insufficient to reach a final agreement.

7 minutes ago