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

The Hong Kong Securities and Futures Commission has added four more entities to its "Suspected Virtual Asset Trading Platforms" list, including HKTWeb3 and AmazingTech.

On December 17, the Hong Kong Securities and Futures Commission (SFC) added four new entities to its "Suspected Virtual Asset Trading Platforms" list over the past two months. The newly added platforms—HKTWeb3, AmazingTech, 9M AI, and the Hong Kong Stablecoin Exchange—are all suspected of operating without a license. Among them, HKTWeb3 claimed on its website to have partnered with a licensed virtual asset trading platform recognized by the SFC, but this claim was debunked. The Hong Kong Stablecoin Exchange falsely stated it was co-founded by the Hong Kong Stock Exchange, Hong Kong Exchanges and Clearing (Joint Exchange), and Hong Kong Futures Exchange, though it has no connection to any of the three.

8 minutes ago

CZ: The Crypto Industry Has More Opportunity for a Comeback Than Any Other Industry

On December 17th, Binance founder Changpeng Zhao (CZ) noted in a December 15 interview: “The crypto industry has more comeback opportunities than any other sector. Traditional finance has extremely high barriers to entry, and its window for new players is effectively closed. AI startups also require computing power, data, and chips—all industries that demand resources and connections. But in crypto, the entry barrier is zero, and building a community or protocol doesn’t take much. Most players in the space are still in the early stages, meaning everyone has a shot.”

8 minutes ago

Mainstream Perp DEX Overview: Only Three Platforms with Volume over $5 Billion, Lighter Regains Top Spot

**As of December 17, DeFiLlama data shows major perpetual DEX platforms saw cooled trading activity over the past 24 hours. Lighter led a rebound in trading volume, followed by Aster and Hyperliquid. Meanwhile, open interest across most platforms remains elevated—signaling existing positions are still being contested even as market activity slowed.** Key platform metrics (24-hour): - **Lighter**: Trading volume ≈ $75.1B | TVL ≈ $14.6B | Open interest ≈ $16.7B - **Aster**: Trading volume ≈ $69.1B | TVL ≈ $13.2B | Open interest ≈ $25.3B [Referral: https://www.asterdex.com/en/referral/aboter] - **Hyperliquid**: Trading volume ≈ $53.7B | TVL ≈ $41.3B | Open interest ≈ $72.3B [Join: https://app.hyperliquid.xyz/join/NTOD] - **ApeX**: Trading volume ≈ $28.3B | TVL ≈ $46.24M | Open interest ≈ $1.01B - **EdgeX**: Trading volume ≈ $22.8B | TVL ≈ $3.89B | Open interest ≈ $7.86B - **Variational**: Trading volume ≈ $12.4B | TVL ≈ $66.18M | Open interest ≈ $3.37B - **Backpac

8 minutes ago

Vitalik: Building AI Compute 'Pause' Capability More Valuable Than Single-Stop Development

December 17 — Ethereum co-founder Vitalik Buterin weighed in on U.S. Senator Bernie Sanders’ call to halt construction of large-scale AI data centers, arguing that rather than a blanket pause, it would be more useful to develop a “pause button” feature enabling cuts of 90-99% of computing power during critical moments. Buterin also advocated distinguishing between super-large computing clusters and consumer-grade AI hardware, pushing for a more decentralized development model.

8 minutes ago

Tokenized Gold Market Cap Surpasses $4.2 Billion, with XAUT and PAXG Holding Approximately 89% Market Share

Dec 17 — CoinGecko data shows the total market cap of tokenized gold assets has topped $4.2 billion, up roughly 147% over the past six months. Tether’s XAUT holds ~$2.24 billion in market cap, while Paxos’ PAXG stands at ~$1.5 billion—together accounting for ~89% of the market. Each XAUT and PAXG token is backed by a 1:1 physical gold reserve. Market data puts spot gold’s intraday gain at ~1.1%, currently trading at $4,326.50 an ounce. At the start of 2025, spot gold was at $2,624 an ounce, marking a nearly 65% jump this year. A recent Morgan Stanley analysis projects gold will rise to $4,800 an ounce by Q4 2026, driven by ongoing rate-cut expectations and a renewed weakening of the U.S. dollar index.

8 minutes ago

Norway's Sovereign Wealth Fund, as a shareholder, supports Metaplanet's entire management team proposal

December 17 — Bitcoin Magazine reports that Norges Bank Investment Management (NBIM), the entity overseeing Norway’s sovereign wealth fund, has backed several governance proposals from Metaplanet, a Bitcoin treasury firm, and will exercise its voting rights at the company’s shareholder meeting on December 22. As of the end of June 2025, NBIM holds approximately 0.3% of Metaplanet’s outstanding shares.

8 minutes ago