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

Analysis: Musk Recruiting Benji Taylor, or Hinting at X's Potential Wallet, On-Chain Payments, or Even DeFi Focus

March 27 – ARK Invest Digital Assets Research Director Lorenzo Valente says the importance of Elon Musk hiring Benji Taylor as X’s Chief Designer may have been underestimated by many. Taylor’s background: He founded self-custodial crypto wallet Family, which Aave later acquired (he served as Aave’s CPO afterward). In 2024, he joined Base as Head of Design. Valente adds: “If you’re only focused on basic fintech UX, this caliber of talent isn’t a fit. It’s increasingly likely wallets, on-chain payments, and even DeFi will end up on X’s development roadmap.”

5 hours ago

Expectations of Easing Middle East Tensions Diminish, Oil Price Rebounds, Bitcoin Falls Below $69,000

**March 27th Update** Bitcoin fell below $69,000 on Wednesday, sliding more than 3% from its overnight high, CoinDesk reported. Meanwhile, major altcoins—Ethereum, XRP, SOL and ADA—dropped 4% to 5%. Optimism tied to easing Middle East tensions has faded, a key driver of the downturn. Crude oil futures rose roughly 4%, reigniting concerns over inflation and supply chain disruptions. U.S. stocks posted losses: The Nasdaq was down 1.4% in afternoon trading, with all seven U.S. tech giants trading at least 10% below recent highs. Microsoft led declines at 34%, followed by Meta (30%) and Tesla (25%). The 10-year U.S. Treasury yield climbed 7 basis points to 4.40%. LMAX Group market strategist Joel Kruger noted recent trends will likely stay tied to macro developments: “If the path to eased tensions clears, risk assets including Bitcoin should rise. If uncertainty lingers, prices may remain in a volatile range.”

5 hours ago

WTI and Brent Both Surge Over 4% Intraday

March 27th: Per Bitget data, WTI crude oil has gained 4.1% intraday, last trading at $95.51 per barrel. Brent crude oil is up 4.09% intraday, currently at $102.38 per barrel.

5 hours ago

Analysis: Institutional Investors Sold Off $11 Billion in US Stocks Last Week, Shifting to a Wait-and-See Approach

March 27: The Kobeissi Letter reports institutional investors net sold $11 billion in U.S. stocks last week—the largest weekly sell-off in nearly five weeks. Over the prior three weeks, institutions were net buyers, totaling $12.6 billion in purchases. Hedge funds, meanwhile, net bought $1.8 billion in U.S. stocks, ending four straight weeks of selling. Retail investors net sold $80 million, marking their third net sell-off in the past 10 weeks. Overall, U.S. stocks saw a net outflow of $9.3 billion last week—up from $1 billion the prior week—pushing cumulative outflows over the past 16 weeks to $25.5 billion. Breakdown: - Individual stock outflows hit $8.3 billion, the fourth-largest weekly outflow since 2008; - ETF outflows totaled $1.1 billion, the highest in nearly six months. Institutional investors are gradually shifting to a wait-and-see stance.

5 hours ago

JPMorgan: As Gold and Silver Struggle, Bitcoin Shows Greater Resilience

March 27 (CoinDesk) — A new JPMorgan Chase report notes Bitcoin is showing greater resilience than traditional safe-haven assets like gold and silver, amid outflows from the precious metals, position liquidations, and worsening liquidity. The report highlights gold’s liquidity conditions have deteriorated so much that its market breadth now trails Bitcoin — a reversal of their usual dynamic. Gold has fallen roughly 15% this month, sliding sharply from its January all-time high near $5,500 an ounce. Silver has also dropped steeply from its peak near $120. JPMorgan cites rising interest rates, a stronger U.S. dollar, and widespread profit-taking by both retail and institutional investors as the drivers. Fund flow data underscores this divergence. In the first three weeks of March, gold ETFs posted nearly $11 billion in outflows — erasing all silver ETF inflows accumulated since last summer. By contrast, Bitcoin funds continued to see net inflows over the same stretch. Positionin

5 hours ago

A Certain Ethereum OG Whale Sells 7,302 ETH at an Average Price of $2,073

On March 27, LookOnChain monitoring data shows an Ethereum OG whale has unstaked their ETH after four years and sold 7,302 ETH in the past two hours. The whale offloaded the tokens at an average price of $2,073 per ETH, totaling $15.14 million. Nearly four years ago, the whale deposited 6,442 ETH into Lido at an average price of $1,522 per ETH (valued at $9.80 million at the time) and earned 860 ETH in staking rewards (equivalent to $1.78 million). Including gains from price appreciation, the total profit reached $5.33 million.

5 hours ago