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
A whale was liquidated going long on LIT, losing approximately $3.7 million.
On February 1st, OnchainLens monitoring data shows that whale address 0xf39 has closed out its entire LIT long position—after holding it for roughly 34 days—incurring an approximate $3.7 million loss on the transaction.
12 minutes ago
839 days later, the Bitcoin HODL Wave indicator drops below the "Capitulation Zone" for the first time
On February 1st, crypto KOL Sea Bitcoin noted that the Bitcoin ahr999 indicator has fallen below 0.45 — its "bottoming line" — for the first time in 839 days, tracing back to October 16, 2023.
BlockBeats Note:
The ahr999 indicator is calculated as:
(Current Bitcoin Price / 200-day DCA Cost) × (Current Bitcoin Price / Index Growth Valuation)
- **200-day DCA Cost**: The average cost of equal daily Bitcoin purchases over the past 200 days (reflecting short-term dollar-cost averaging returns).
- **Index Growth Valuation**: A logarithmic growth curve fitted to Bitcoin’s historical prices and block height (or time), representing its long-term "fair value" or expected valuation.
12 minutes ago
Some BSC Meme Coins Surge Against the Market Trend, "I'm In" Meme and BULLA Market Cap Reach New High
On February 1, GMGN monitoring data shows several meme coins on Binance Smart Chain (BSC) have surged against the broader market trend, hitting new all-time highs.
- **BULLA**: Its market cap neared $400 million around 4 a.m. before reaching a new all-time high, then pulled back to $300 million. It currently trades at roughly $0.311, up 164% in 24 hours with a 24-hour trading volume of $98.8 million.
- **“I Came on a Horse” (Chinese meme coin)**: Its market cap has surged past $50 million, trading at roughly $0.05. It’s up 68% in 24 hours with a 24-hour trading volume of $21 million.
BlockBeats reminds users that meme coins often lack practical use cases, are highly volatile, and investors should exercise extreme caution when considering investments in such assets.
12 minutes ago
The founder of Formula bought $2 million worth of ETH at an average price of $2281.
February 1 — Formula News founder Vida announced Thursday morning on her social media platform: “I bought $2 million worth of ETH at an average price of $2,281, with another $20 million in reserve to buy the dip. I plan to hold this ETH position through the start of the week, waiting for stabilization in the precious metals market — I believe crypto will rebound accordingly.”
12 minutes ago
This morning, the Base network experienced intermittent transaction delays, with officials stating that overall stability has been restored.
**Update: Feb 1 – Base Protocol Officials**
Base Protocol officials stated this morning that its mainnet experienced intermittent transaction packaging delays, resulting in significantly longer confirmation times for users than usual.
Notably, blocks are still being produced continuously, and transaction processing has not been interrupted.
The team has confirmed remedial measures have taken effect, with overall network stability now restored. A full post-incident root cause analysis (RCA) and public incident report will be released in the next few days.
During periods of increased network congestion, transactions may still face delayed packaging or be dropped. The team is working on long-term fixes and will provide ongoing updates.
12 minutes ago
A member of the UAE royal family acquires a 49% stake in the WLFI project for $500 million
Feb. 1 — Market sources report a senior member of the United Arab Emirates (UAE) royal family has secretly acquired a 49% stake in Trump’s World Liberty Financial for $500 million.
12 minutes ago