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

Spot gold broke through $4,500 per ounce, rising 2.57% on the day.

According to Bitget's market data, spot gold has broken through $4,500 per ounce, rising 2.57% intraday.

1 seconds ago

Claude and Grok have suffered consecutive outages, and ChatGPT is now also facing widespread errors.

Beating AI News Flash: Several major overseas AI services suffered consecutive outages tonight. Claude has encountered two rounds of failures this evening. Sonnet 5 began showing errors at 20:37 Beijing Time, and was announced restored at 20:56; half an hour later, Anthropic reported a larger multi-model error spike affecting Mythos/Fable 5.1, Mythos/Fable 5, Opus 5, 4.8, and 4.6. Claude.ai, Claude API, Claude Code, and Claude Cowork remain partially unavailable. Shortly after, Grok also went down. xAI marked the Grok Web as an "outage" at 21:30 Beijing Time, with no restoration announcement made as of press time. OpenAI has now joined the outage list. At 22:58 Beijing Time, OpenAI’s status page added an incident entry noting "increased error rates for ChatGPT and Codex", and stated it is investigating the issue.

1 seconds ago

Trump: US ammunition stockpiles are nearly unlimited, with unprecedented production capacity.

In a post, Trump said: "For those treasonous individuals who refuse to accurately report on our military operations in Iran, we have nearly unlimited quantities of medium and high-grade ammunition—far exceeding the amount that could be used in this or any other war (which is extremely unlikely to occur!). Additionally, we are producing ammunition at an unprecedented rate. We are stockpiling supplies and preparing for any possible contingency. We will keep these for ourselves and the United States, rather than selling them to other countries, but sales to allies will resume soon. Furthermore, let everyone know that the Biden administration sent far more ammunition to Ukraine than we would deploy in Iran, and it was completely free. Hundreds of billions of dollars were given away for free to Ukraine and NATO—money that Europe could have covered if only they had been required to pay. But we will recoup this money, albeit a bit late!"

1 seconds ago

Ethereum surpasses $2,500, with a 4.1% gain in 24 hours.

Per HTX market data, Ethereum has surged past $2,500, with a 4.1% gain over the past 24 hours.

1 seconds ago

Bitcoin surges past $80,000, gaining 3.5% in the past 24 hours.

According to HTX market data, Bitcoin has surged past $80,000, with a 3.5% gain in the last 24 hours.

1 seconds ago

Abu Dhabi’s IFM open-sourced six variants of the K2 Horizon model, covering sizes from 0.9 billion to 375 billion parameters.

Beating AI News Flash: The Institute for Foundation Models (IFM) under the UAE’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has launched K2 Horizon, open-sourcing six models at once: 0.9B, 3.7B, 7B, 32B, 36B-A4B, and 375B-A23B. The 0.9B model is targeted at edge devices like smartwatches and glasses, while the 7B model can run on mobile phones. The largest 375B-A23B uses a Mixture of Experts (MoE) architecture, activating around 23 billion parameters per generated token. The institute stated that the 0.9B, 3.7B, and 7B models have set new benchmark records for their respective sizes. Beyond final model weights, training code, data or data construction recipes, intermediate checkpoints, training logs, and evaluation records are also made public. Some data is subject to license restrictions and cannot be redistributed directly, though its sources, construction methods, and ratios will be disclosed. The models and code are released under the Apache 2.0 license. Artificial Analysis scored the 375B-A23B an Intelligence Index of 47, close to MiniMax-M3’s 45. The model performs stronger on agent tasks but is relatively weaker in knowledge and complex reasoning.

1 seconds ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano