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

Crypto influencer Kimchi Bio links up with pump.fun; meme coin of the same name surges 100% in a short time before pulling back.

Crypto influencer Kimchi’s X account bio was changed back to @pumpfun this morning. According to GMGN data, the previously fast-launched token Kimchi surged over 100% from a $6 million market cap, hitting $12 million before pulling back, and is now trading at $9.23 million with a 24-hour trading volume of $4.1 million. The collaboration between crypto influencer Kimchi and pump.fun has been a farcical mess. On October 20, the fast-launched token Kimchi quickly reached a $47 million market cap amid a series of positive updates, before plummeting. Market rumors claimed pump.fun paid 1.35 billion PUMP tokens (worth around $6.25 million) to secure Kimchi as its spokesperson. However, on the 23rd, Kimchi posted a QR code linking to another Kimchi token, which spiked to a $10 million market cap briefly before crashing to zero. During this period, multiple wallets bought KIMCHI at low prices in advance and sold after the price rose, reaping over $385,000 in total profits. Kimchi later removed the @pumpfun tag from their bio, only to add it back again this morning. BlockBeats reminds users that celebrity meme coins are heavily influenced by the actions of their promoters, exhibit extreme price volatility, and are prone to insider trading and front-running; users should exercise caution when investing.

4 minutes ago

AllianceDAO Co-Founder: Crypto industry far better prepared to counter AI and quantum threats than traditional finance

AllianceDAO co-founder Wang Qiao stated he is not concerned about the crypto community’s ability to address future AI and quantum threats. He even asserted that within the next two years, the world will recognize that cryptocurrencies are far better prepared for such threats than other segments of the internet and traditional finance. For a decade, the crypto market has functioned as a trillion-dollar, irreversible "honeypot" (a highly attractive attack target), fostering a system far more battle-tested than almost any other on Earth, as well as an adversarial security culture.

4 minutes ago

BOSS Zhipin open-sources 33B parameter Agent model: Leading in 17 out of 20 self-assessed metrics, but its final goal is a 3B parameter model.

Beating AI News (Dongcha): Nanbeige Lab, a subsidiary of BOSS Zhipin, has released the open-source model Nanbeige4.3-33B, a model focused on programming and office agents, supporting a 512K context window and licensed under Apache 2.0. The team compared it with models including Qwen3.8-27B, Meta Muse Glimmer 30B, and Gemma 4 31B. In the 20 tests released, Nanbeige ranked first in 17. It scored 80.9 on Terminal-Bench 2.1, outperforming Qwen’s 73.0; its DeepSWE score reached 65.5, while the competitor’s was only 42.5. It also led Qwen by 54.2 to 38.3 in the office automation test Automation Bench. However, Qwen still holds the lead in SWE-Bench Pro and GDPval. Notably, Nanbeige Lab previously focused on developing 3B-scale small models; its prior generation model Nanbeige4.2-3B improved the model’s effective computational depth without increasing parameters by reusing Transformer layers. This time, the team instead first trained a 33B large model, planning to use it as a "teacher" to distill capabilities such as programming and tool calling into the upcoming Nanbeige4.3-3B.

4 minutes ago

Unitree Robotics rose 8.01% intraday, with a 24-hour trading volume of $21 million on Trade.xyz.

Bitget market data shows that China's A-share stock Unitree Tech rose 8.01% intraday, currently trading at 674.01 yuan. Separately, Tradingbeats data indicates that the Unitree (UNITREE) contract on Trade.xyz is priced at $98, with a 24-hour trading volume of $21.09 million.

4 minutes ago

Ethereum Foundation sells another 2,785 ETH

According to monitoring by Onchain Lens, the Ethereum Foundation has just sold ETH worth $6.42 million. The institution converted 2,785 ETH (approximately $6.42 million) to USDS via CoWSwap.

4 minutes ago

Bank of Japan is expected to hold steady this week, with more than 80% of analysts forecasting a rate hike in December.

Bank of Japan will hold its monetary policy meeting from October 29 to 30, according to Nikkei QUICK News (NQN). A survey of analysts tracking the BOJ's monetary policy, conducted by NQN between October 14 and 20, shows all respondents expect the central bank to keep its policy rate unchanged at the current 1.25%. Over 80% of respondents anticipate the next rate hike will take place in December. (Source: Jinshi)

4 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano