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

Global bond markets are seeing a sell-off, with panda bond issuance reaching a new record high.

According to CCTV Finance, long-term Treasury yields in major global economies have continued to rise recently, intensifying selling pressure in bond markets. In contrast, China’s bond market and exchange rate have remained relatively stable, with the issuance scale of Panda Bonds hitting a new high for the same period in history. Data shows that as of August 21, the cumulative issuance of Panda Bonds in 2026 reached 209.975 billion yuan, with a year-on-year increase of over 73%. Against the backdrop of sharp fluctuations in global bond markets, international institutions ramping up onshore RMB financing has drawn attention. Industry insiders noted: “We are in a completely different economic and monetary cycle from overseas. Foreign capital accounts for only around 5%-8% of China’s bond market, with domestic capital holding absolute pricing power. Coupled with our monetary policy that adheres to a ‘focus on our own’ approach, overseas shocks cannot reverse the overall trend of China’s domestic bond market.” Looking ahead, industry insiders believe that overseas bond yields will likely remain highly volatile, highlighting the allocation value of RMB bonds, and foreign capital may continue to increase allocations in the medium to long term. However, it should also be noted that rising U.S. Treasury yields have raised the return threshold for global allocation funds, which may create certain disturbances to overseas institutions’ willingness to increase holdings of RMB bonds. In addition, the rapid rise in bond yields of overseas developed economies may also constrain the valuations of domestic risk assets.

6 hours ago

Robinhood Chain’s TVL Surpasses $1 Billion

On-chain data shows that Robinhood Chain's Total Value Locked (TVL) has exceeded $1 billion.

6 hours ago

Canadian Prime Minister: Canada's tariff measures targeting the U.S. will take effect on September 8.

Canadian Prime Minister Mark Carney said that Canada’s tariff-related measures targeting the U.S. will take effect on September 8. (Jinshi)

6 hours ago

Analyst: Trump’s economic isolation plan could prompt Iran to launch strikes across the Persian Gulf.

Analysts say U.S. President Donald Trump is attempting to achieve a goal that tens of thousands of bombs and missiles failed to reach—forcing Iran to end the war on terms set by the U.S.—through a new round of sanctions, maritime blockades, and intensified economic pressure on Iran’s trading partners. However, this old approach of "forcing Iran to submit" has a fatal flaw: Iran’s Islamic Revolutionary Guard Corps (IRGC) has effectively controlled the Strait of Hormuz and repeatedly launched large numbers of attack drones toward the Persian Gulf. The IRGC is largely immune to economic pressure and holds ample retaliatory means. A key milestone for the U.S. campaign is Monday, when Treasury Secretary Scott Bessent will unveil details of a new plan. The plan aims to shift the conflict from mutual airstrikes in the Middle East to full economic isolation. However, if the new economic pressure actually takes effect, Iran will likely retaliate with military strikes targeting energy facilities along the Persian Gulf, seeking to drive up oil prices, raise the cost of U.S. operations, and force Trump to reverse course again.

6 hours ago

Grayscale: Bitcoin May Have Bottomed Out, This Week’s Rally Serves as Key Signal of Cycle Reversal

Grayscale stated in a post that this week could mark a turning point for Bitcoin. Historical data shows Bitcoin typically bottoms after falling roughly 80% from its cycle peak. During the most recent bear market, Bitcoin has dropped around 50% from its cycle high to date, a smaller decline than in all prior cycles. The market has long debated whether Bitcoin would see a new downturn in the fourth quarter of 2026. While risks persist in the market, this week’s rally may signal that Bitcoin has formed a more solid bottom.

6 hours ago

The government of the Kingdom of Bhutan has transferred 10.779 BTC to two new addresses.

According to monitoring by Onchain Lens, the Kingdom of Bhutan has transferred 10.779 BTC (valued at approximately $835,000) to two newly generated addresses.

6 hours ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano