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
StandX announces that the DUSD airdrop eligibility and distribution check page is now live.
According to official announcements, StandX has launched its airdrop inquiry page, which allows community users to check their address eligibility and allocated airdrop amounts. The airdrop will distribute DUSD to the community in a one-time issuance.
17 minutes ago
Analysts: BTC transfers from retail investors to Binance hit a 6-month high, with whale transfers declining.
CryptoQuant analyst Darkfost stated in a post that as Bitcoin prices have stayed above $80,000 for several consecutive weeks, a clear divergence has emerged in trading platform fund flows between retail investors and whales. Retail investors’ Bitcoin inflows into Binance have continued to climb, with the cumulative amount over the past 30 days surging from $5.5 billion to $10.75 billion — nearly doubling and hitting a 6-month high. In contrast, whales’ Bitcoin inflows into Binance have kept declining. Over the past two months, whales’ Bitcoin inflows dropped from $5.9 billion at the end of August to the current $3.8 billion, marking a sustained downward trend with no obvious signs of concentrated inflows so far. The analysis notes that after a year-long slump, retail investors may be treating the recent price rebound as an opportunity to reduce positions and exit, aiming to ease the holding pressure accumulated earlier. By comparison, whales remain cautious currently, showing no willingness to transfer large volumes of Bitcoin to exchanges at current price levels. Going forward, it will be critical to watch whether whales will adjust their strategy if Bitcoin prices continue to rise.
17 minutes ago
Brazilian President Lula wins re-election.
According to the vote count results released by Brazil's Superior Electoral Court on the evening of the 25th, Lula, the Workers' Party's presidential candidate and incumbent president, won the second round of Brazil's 2026 presidential election, securing re-election. (Xinhua News Agency)
17 minutes ago
The on-chain market cap of tokenized stocks issued by xStocks has reached $1 billion, surging 802.5% over the past year.
According to data from Token Terminal, the on-chain market capitalization of tokenized stocks issued by xStocks has reached $1 billion, surging 802.5% over the past year. Solana leads with an on-chain market cap of $523.1 million, followed by X Layer ($304.1 million) and Ethereum ($165.1 million). These assets are distributed across 9 blockchains.
17 minutes ago
South Korea's KOSPI Index opened 0.65% lower.
Per Bitget market data, South Korea’s KOSPI index opened 35.95 points lower on Monday, October 26, down 0.65% to 5514.35 points.
17 minutes ago
Bitcoin once again falls below the $80,000 mark.
According to HTX market data, Bitcoin once again fell below the $80,000 mark, with a 0.75% decline in the past 24 hours.
17 minutes ago