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

Kalshi Study: 82% of High-Profit Traders Have No Wall Street Work Experience, 91% Are Not Full-Time Traders

A study released by prediction market platform Kalshi reveals that its high-profit traders are not generally from traditional finance, and trading performance may be more closely tied to probabilistic reasoning ability. The research surveyed high-earning accounts across Kalshi’s markets (excluding sports and special categories) as of September 2026: questionnaires were sent to 2,360 accounts, with 325 valid responses received, marking a 13.8% response rate. Findings show 82% of high-profit traders have never worked full-time at an investment bank, hedge fund, private equity firm, or proprietary trading firm; 79% attended public high schools, 65% said they learned about markets and probability primarily through self-study, 91% are not full-time traders, and 42% have at least six months of customer service or retail work experience. On cognitive ability tests, surveyed traders posted an average score of 2.42 on the Berlin Numeracy Test (out of a maximum 4 points), compared to an average of 0.62 for the general U.S. adult population. 93% of traders resisted the gambler’s fallacy, versus 57% of the general public. The study concludes that trading advantages in prediction markets likely derive more from probabilistic reasoning, information research, and the ability to distinguish between predictable and unpredictable events, rather than traditional finance professional backgrounds. Furthermore, Kalshi’s analysis of traders’ residential locations shows only 6.3% live in ZIP codes with a median household income exceeding $150,000, meaning the overall user base’s income distribution is more aligned with U.S. middle-income groups.

7 minutes ago

MAGIC’s 24-hour trading volume across the entire network is approximately 8 times its market capitalization, indicating extremely active trading.

According to HTX market data, Treasure (MAGIC) posted a sharp rally over the past 24 hours, surging more than 130% at its peak. Its current market capitalization stands at around $51.291 million, with a fully diluted valuation of roughly $52.8815 million. The global 24-hour spot trading volume reached $407.8 million, about 8 times its market cap, signaling extremely active trading. For perpetual contracts: the 24-hour open interest (OI) is approximately $693.2 million, translating to an OI/market cap ratio of 1351.55%, and a 24-hour perpetual-to-spot trading volume ratio of 32.7x. Its circulating supply is 337.23 million tokens, while total supply is 347.687 million tokens.

7 minutes ago

XRP Ledger Patches Critical 11-Year-Old Vulnerability That Allowed Attackers to Generate XRP Out of Thin Air

XRP Ledger has recently patched a payment system vulnerability dating back to as early as 2015. The flaw allows attackers to bypass the system’s token exchange amount calculation limits via a specially crafted payment transaction, generating and spending massive XRP out of thin air and undermining the mechanism capping XRP’s total supply at 100 billion tokens. Attackers can create hundreds of accounts, post offers to exchange a small number of tokens for a huge amount of XRP, then execute a single payment to settle all these offers at once. Due to a defect in the software’s total transaction value calculation, seller accounts may receive the full XRP amount while buyer accounts barely need to pay the corresponding sum. Researchers Cayden Liao and Veria AI reported the vulnerability on September 22. RippleX later reproduced the attack and confirmed the generated XRP could be used in subsequent transactions. RippleX noted there is currently no evidence the vulnerability has been exploited on any public network. The development team released the xrpld 3.4.1 version on September 25 to fix the flaw.

7 minutes ago

Crypto gaming sector tokens rally broadly, with MAGIC jumping 134% and PIXEL rising 28%

According to HTX market data, tokens in the GameFi (blockchain gaming) sector are posting broad gains. Specifically: MAGIC has surged over 134% in 24 hours, pushing its market capitalization to $53 million; PIXEL is up more than 28% in the same period, with a market cap of $27 million; XAI rose 17% in 24 hours, reaching a market cap of $22 million; YGG is up over 10% in 24 hours, at $29 million; RONIN gained more than 9% in 24 hours, with its market cap climbing to $55 million; GALA is up 9% in 24 hours, hitting a market cap of $125 million.

7 minutes ago

Kimi’s low-cost model generates higher revenue than K3, with its annualized revenue reaching $1.2 billion.

Beating AI News Brief: According to a Nomura report, Moonshot (Kimi)’s annualized recurring revenue (ARR) is estimated to hit $1.2 billion in September. Bloomberg previously reported Kimi’s ARR crossed $1 billion in August, with a year-end target of $2 billion. What’s even more surprising is that K2.8 Preview, which launched just on September 11, is estimated to contribute roughly 40%–45% of ARR, outpacing the flagship K3’s 30%–35%. K2.8 Preview is priced lower, targeting primarily programming and daily agent tasks. However, the flagship model still commands a higher gross profit margin. Experts estimate K3’s gross margin is around 35%–40%, while lower-priced models like K2.8 Preview have margins of 20%–25%. API is Kimi’s largest revenue stream, with overseas markets accounting for over half of its revenue.

7 minutes ago

MAGIC’s 24-hour price gain has widened to 130%, with its market cap rising to $53 million.

According to HTX market data, MAGIC’s 24-hour price gain has widened to 130%, currently trading at $0.1532, with its market capitalization rising to $53 million.

7 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano