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

INJ hits a new year-to-date high, with a certain whale realizing a 102% profit.

According to TradingBeats' monitoring, INJ hit an intraday high of $9.37 on Hyperliquid, a new year-to-date peak. The token has risen roughly 30% over the past 24 hours, while open interest for INJ contracts on the platform reached about $12.65 million, up $4.19 million in 24 hours for a 49.5% increase. Whale address 0x8be0…2326c currently holds around 246,900 INJ long positions, with a position value of approximately $2.28 million, an average entry price of $7.68, and uses 5x full leverage. Its unrealized profit stands at roughly $386,000, with a position return of around 102%. The address has been adding to its INJ holdings since October 11; following today's price rally, it trimmed its position slightly but still retains the vast majority of its long positions.

6 minutes ago

Upbit to Delist Zilliqa (ZIL)

Upbit will delist Zilliqa (ZIL) at 14:00 on November 16.

6 minutes ago

OpenCode has been offering free access to domestic Chinese AI models for two consecutive days: yesterday it was DeepSeek, and today it’s GLM 5.3 Flash.

Beating AI News Flash: OpenCode announced limited-time free access to Zhipu GLM 5.3 Flash, adding a dedicated entry for the standalone "GLM-5.3-Flash Free" model with no fees for input or output tokens. Just yesterday, OpenCode had already made DeepSeek V4.1 Flash available for free. Over two consecutive days, models from two Chinese AI companies have successively joined the free offerings.

6 minutes ago

Harvard’s endowment fund holds roughly $2.2 billion in SpaceX shares, bringing its total size to nearly $68 billion.

Harvard University’s annual financial report shows its endowment fund rose 27.1% in fiscal 2026, marking the strongest investment performance in five years. The fund’s total value now stands at nearly $68 billion. Harvard holds approximately $2.2 billion in SpaceX shares, a stake whose market value exceeds the total of all other disclosed public holdings. Harvard Management Company attributed the fiscal 2026 returns primarily to venture capital, public equities and hedge funds. Private equity currently makes up around 46% of the portfolio, with the share of venture capital and growth-stage venture capital climbing from 24% to 31%.

6 minutes ago

ZIL plunges over 22% in short-term trading, Upbit announces its delisting.

According to HTX market data, Zilliqa (ZIL) plunged over 22% in the short term, falling to $0.0027. Upbit will delist Zilliqa (ZIL) on November 16.

6 minutes ago

Upbit to Extend MANTRA Trading Warning Period

Upbit Extends MANTRA Trading Warning Period. Upbit has decided to extend MANTRA’s trading warning period, stating that after the token was designated as a trading warning asset, the exchange deems it necessary to further review the current handling progress.

6 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano