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

Largest $CXMT Bear Maintains Position After Paying $4M in Funding Fees

The largest $CXMT bear is still holding his position and has now paid over $4M in funding fees.

20 minutes ago

Serenity: Surge in AI Optical Communications Demand May Result in Years-Long Shortages for Laser and Photonic Supply Chains

Serenity noted in a report that with the acceleration of AI infrastructure construction, the optical communication industry chain is facing a severe supply-demand imbalance, with demand for key components such as lasers, TIAs, and DSPs consistently outstripping supply capacity, suggesting the photonics industry may be entering a super cycle similar to that of the storage sector. Serenity added that recent financial results from optical communication firms including LITE, MTSI, and AAOI all show that AI-driven demand for optical modules is growing rapidly, leading to notable tightness in the related supply chain. At an Elazr investor conference, the company’s general manager stated that current optical supply still lags far behind market demand, and the AI-related optical communication supply chain shortage is expected to persist for several years. He pointed out that the entire supply chain is currently in a state of stockouts, with supply capacity failing to meet market needs; shortages are not only seen in laser chips but also span multiple AI infrastructure links such as PCBs, carriers, and packaging. Serenity believes that with AI industry demand visibility extending into the next several years, and the supply chain continuing to be constrained by production capacity bottlenecks, the photonics industry may be replicating the storage sector’s previous super cycle, which could last until 2027 or even longer.

20 minutes ago

$CXMT Bull Trader Pays Over $4M in Funding Fees While Holding Position

The largest $CXMT bull is still holding his position and has now paid over $4M in funding fees.

20 minutes ago

Bitget has launched stock contracts for Unitree (UNITREE)

According to an official announcement, Bitget has launched UNITREE (Unitree Robotics) for its stock perpetual contracts. The contract is settled in USDT, offers up to 20x leverage, and is available for 24/7 trading. As of now, Bitget supports a total of 277 stock contract underlyings.

20 minutes ago

Legendary investor Cooperman bets on a U.S. recession next year, with surging inflation set to heavily hit U.S. stock valuations.

Billionaire investor and Omega Advisors CEO Leon Cooperman warned this week that the U.S. economy could enter a recession within the next year, dragging down the stock market. He noted the current market resembles the collapse of the "Nifty Fifty" in the 1970s and expressed concern over cooling optimism around AI. In an interview with CNBC, Cooperman said, "I think we will have a recession sometime next year, which could cause the market to fall." He also pointed out that the market’s profit growth expectations for the S&P 500 are off the mark (FactSet data shows this quarter’s year-over-year increase is projected to exceed 50%). Currently, he is clearly deviating from Wall Street’s mainstream bullish views—particularly avoiding tech stocks—and holds a negative outlook on the overall market. He reminded investors not to underestimate the risk of a rebound in inflation. Brent crude remains at a high level (around $90 per barrel, more than 20% higher than pre-Iran-conflict levels), while July retail sales fell 0.6% month-over-month, far below the expected 0.1% growth. Higher inflation could hit stock valuations, mirroring the sharp decline in growth stocks after 1970s oil price surges. "The most dangerous phrase in investing is: ‘This time is different,’" Cooperman said. The current market is almost universally bullish, and once a negative catalyst emerges, investors could sell off quickly. Meanwhile, bond market volatility is adding pressure: the yield on the U.S. 30-year Treasury bond hit 5.33% on Tuesday, the highest since June 2007, breaking through a three-year trading range. Analysts warn that if yields rise rapidly toward 6%, the stock market could face further valuation pressure. Historically, after a similar trend in 1999, the S&P 500 subsequently entered a correction amid the dot-com bubble burst.

20 minutes ago

PeckShield Alert: Around 1 billion MemeCore (M) tokens have been minted and concentrated into a single address.

Blockchain security firm PeckShield has disclosed that two wallet addresses—0xfdea...447a7BF and 0x4388...C919dd7—each minted roughly 463 million MemeCore (M) tokens, totaling approximately 1 billion tokens. The tokens were subsequently transferred and merged into the address 0x69cB...F6FF4681, which currently holds the assets valued at around $1 million.

20 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano