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

Breed VC raised $15 million for its second crypto fund, with FalconX among the backers.

Breed VC has raised $15 million for its second crypto fund, with backers including FalconX, Hutt Capital, Arrington Capital, plus individual investors Nic Carter of Castle Island Ventures, Rob Hadick of Dragonfly, and Jake Brukhman of CoinFund. The fund will primarily invest in crypto startups at the Day Zero, Pre-Seed, and Seed stages, with check sizes ranging from $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI. It plans to deploy capital over the next three to four years. Breed VC’s first fund, launched in 2023, is now fully invested, with a portfolio including Monad, Ethena, Agora, MyPrize, and Nous Research. (The Block)

3 hours ago

Trump: Iran is still in dialogue with us today; I believe a reconciliation will be reached.

US President Trump said Iran is even holding dialogue with the U.S. today, adding that he believes a reconciliation will be reached.

3 hours ago

Fed's Barkin: Last week's interest rate hike will help restore price stability, and he will assess whether further rate hikes are needed.

Federal Reserve's Barkin: Last week's interest rate hike will help restore price stability, and we will assess whether further rate hikes are needed.

3 hours ago

21shares launches physically backed ETPs for ZEC and ETHFI in Europe.

European asset management firm 21shares has launched physically backed Zcash ETP and Ether.fi ETP on Euronext’s Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure to these assets via brokerage accounts without directly holding the underlying tokens. ETHFI is the governance and utility token of decentralized finance protocol Ether.fi. Both ETPs carry an annual management fee of 2.5%. (Cointelegraph)

3 hours ago

Anthropic’s Claude Opus 5.5 is now live on all platforms.

Beating AI News Flash: Anthropic’s Claude Opus 5.5 is now available on all platforms, including Amazon Web Services (AWS), Google Cloud, and Microsoft Azure.

3 hours ago

Fitch Raises 2027 Brent Oil Price Forecast to $70 Per Barrel

Fitch Ratings’ latest report has raised its 2027 Brent crude oil price forecast to $70 per barrel. The agency also increased its natural gas price assumption for the Netherlands’ Title Transfer Facility (TTF) amid disruptions to liquefied natural gas (LNG) shipments through the Strait of Hormuz. The report noted that Brent oil prices are projected to decline once the capacity of Saudi Arabia’s East-West oil pipeline is restored.

3 hours ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano