cryptocurrency market

4E: Trade tensions ease, US stocks and cryptocurrency markets continue to rise

ChainCatcher news reports that, according to 4E monitoring, expectations of easing trade tensions have boosted market sentiment. On Wednesday, U.S. stocks opened higher, but towards the end of the morning session, the U.S. Treasury Secretary stated that a comprehensive trade agreement between the two major economies might take two to three years, and Trump will not unilaterally lower tariffs. This suppressed the upward momentum of U.S. stocks, which retraced more than half of their gains. By the close, the S&P 500 rose 1.67%, the Dow Jones increased by 1.07%, and the Nasdaq climbed 2.5%. Tech stocks led the gains, with Tesla and Intel both rising over 5%.The cryptocurrency market's upward momentum has slowed. Bitcoin reached a high of $94,696 yesterday before slightly retreating, reporting $93,576 before the deadline, with a daily increase of 0.64% and a market cap of $1.86 trillion, once again ranking as the eighth largest asset globally. Bitcoin spot ETFs have seen net inflows for four consecutive trading days. Most other major tokens rose, with Ethereum striving to hold above $1,800. The TRUMP coin surged over 40% due to news that Top 25 holders could have dinner with Trump.In the foreign exchange and commodities market, the easing of tariffs stimulated a 0.96% rise in the U.S. dollar index; OPEC+ may further increase production, causing oil prices to drop nearly 2%. International gold prices fell sharply, with spot gold in New York down 2.69% at the close.News about tariff policies continues to disrupt global financial markets, with any slight progress triggering significant volatility. Market trends have deviated from fundamental logic, and policy uncertainty has disrupted traditional signals. Although U.S. stocks have risen for two consecutive days, market sentiment has not truly improved.

The cryptocurrency market is experiencing a widespread surge, with BTC nearing $94,000 and ETH rising nearly 11%

ChainCatcher news indicates that, based on SoSoValue data, the crypto market has seen a broad increase due to multiple positive factors, including Trump's easing of tariff policies and a reaffirmation of plans to lower interest rates as soon as possible, with a general 24-hour increase of about 2% to 11%. Among them, Bitcoin (BTC) rose by 4.59%, nearing $94,000 at one point. Ethereum (ETH) increased by 10.94%, breaking through $1,700. Additionally, the Meme sector led with an increase of 11.20%, with Shiba Inu (SHIB), OFFICIAL TRUMP (TRUMP), Dogecoin (DOGE), and Pepe (PEPE) rising by 8.63%, 9.92%, 11.21%, and 12.06% respectively over 24 hours.Notably, MAG7.ssi rose by 6.68%, DEFI.ssi increased by 8.11%, and MEME.ssi rose by 12.16%.In other sectors, the Layer2 sector increased by 7.62% over 24 hours, with Mantle (MNT) and ex-MATIC (POL) rising by 5.80% and 8.66% respectively; the DeFi sector rose by 7.41%, with Chainlink (LINK) and Uniswap (UNI) increasing by 8.04% and 11.10% respectively; the AI sector rose by 5.47%, with KAITO and Virtuals Protocol (VIRTUAL) increasing by 12.55% and 25.36% respectively; the PayFi sector rose by 4.71%, with Telcoin (TEL) increasing by 14.25%; the Layer1 sector rose by 4.54%, with Avalanche (AVAX) and Sui (SUI) increasing by 12.06% and 23.44% respectively; the CeFi sector rose by 1.91%, with Cronos (CRO) increasing by 10.94%.Furthermore, the crypto sector indices reflecting historical market trends show that the ssiNFT, ssiMeme, and ssiGameFi indices rose by 11.53%, 11.16%, and 10.51% respectively.

4E: Gold surges, the cryptocurrency market rebounds across the board, focusing on US and European PMI and tech giants' earnings reports this week

ChainCatcher news reports that, according to 4E monitoring, Trump's policies continue to be at the forefront of market narratives, with tariff uncertainties continuing to pressure U.S. stocks. The three major indices fell for the third consecutive week last week, with the Dow Jones down 2.66%, the S&P 500 down 1.5%, and the Nasdaq down 2.62%, led by declines in tech stocks.The cryptocurrency market has shown resilience and performed relatively independently. Bitcoin stabilized last week around $84,000. On Monday morning in Asia, driven by a significant drop in the U.S. dollar index and a 2% surge in gold futures, Bitcoin quickly surged past $87,000, closing at $87,415 before the deadline, up 2.5% in 24 hours. Altcoins rebounded broadly, with the AI sector leading the way, rising by 7%, while other sectors saw increases of 1% to 2%, indicating a more optimistic market sentiment.In the forex commodity market, the U.S. dollar index fell below the 99 mark on Monday morning in Asia, reaching its lowest level since April 2022, down 0.24% for the day. Over the weekend, progress was made in U.S.-Iran negotiations, easing supply concerns, and U.S. oil fell by more than 1%. Trump posted insights about the negotiations, stating, "The golden rule of negotiation and success: those who have the gold make the rules," leading to a 1.61% surge in spot gold, hitting a historic high of $3,380.Tariff uncertainties loom over the market, with investors focusing on upcoming negotiations between the U.S. and several countries in the coming weeks to further understand the scale and scope of tariffs. This week, the U.S. and Europe will simultaneously release the preliminary manufacturing and services PMI for April, which will reflect the first wave of impacts from Trump's tariffs. Additionally, the market is paying attention to the upcoming earnings reports from tech giants like Google and Tesla, as investors seek market anchors from corporate profit guidance.

4E: Tariff uncertainty makes the market cautious, US stocks are under pressure and the cryptocurrency market fluctuates narrowly

ChainCatcher news reports that, according to 4E monitoring, tariff uncertainty continues to put pressure on U.S. stocks. On Thursday, the three major indices closed mixed, with the Dow down 1.33%, the S&P 500 up 0.13%, and the Nasdaq slightly down 0.13%. U.S. markets will be closed on Friday for Good Friday. This week, the three major indices have recorded declines for the third consecutive week, with the Dow down a total of 2.66%, the Nasdaq down 2.62%, and the S&P 500 down 1.5%.The cryptocurrency market is experiencing narrow fluctuations, with Bitcoin stabilizing around $84,000, and Ethereum hovering below $1,600, while altcoins show reduced volatility. Investors remain cautious amid the uncertainty of tariff policies, with concerns in the derivatives market about declines clearly outweighing expectations for increases.In the foreign exchange and commodities market, the U.S. dollar index fell slightly by 0.01%, marking a third consecutive week of weakness; driven by the weaker dollar and optimistic comments from Trump on energy trade, U.S. crude oil surged over 3% on Thursday, accumulating about a 5% increase this week; gold prices retreated from high levels, with spot gold down 0.46%.The European Central Bank continues its easing policy, while the Federal Reserve maintains a wait-and-see attitude. On Thursday, Trump sharply criticized Powell's interest rate policy, stating it is "always too late and wrong," and emphasized that firing Powell is urgent. The market is watching whether Powell will adjust policies due to political pressure.

The cryptocurrency market sector has stabilized and rebounded, with the AI sector leading the rise at 3.98%, and the GameFi sector increasing by 2.62%

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market sector has stabilized and rebounded, with the AI sector leading with a rise of 3.98%. Within this sector, Fetch.ai (FET), Render (RENDER), and Bittensor (TAO) have increased by 6.94%, 8.98%, and 10.36% respectively over the past 24 hours. However, Fartcoin (FARTCOIN), which had previously seen significant gains, is experiencing a correction, dropping 12.89% in the last 24 hours.Other standout sectors include: the GameFi sector, which rose 2.62% in the last 24 hours, with ImmutableX (IMX) increasing by 4.81%; the NFT sector, which rose 1.96%, with APENFT (NFT) and Pudgy Penguins (PENGU) increasing by 2.20% and 8.07% respectively.Additionally, the Layer1 sector increased by 1.48% in the last 24 hours, with Binance Coin (BNB) and Solana (SOL) rising by 1.09% and 3.63% respectively; the Layer2 sector rose by 0.95%, with Celestia (TIA) increasing by 4.50%; the CeFi sector rose by 0.71%, with Hyperliquid (HYPE) up by 8.10%; the DeFi sector rose by 0.48%, while the PayFi sector fell by 0.52%, and the Meme sector decreased by 0.92%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiAI, ssiNFT, and ssiDePIN indices have increased by 4.66%, 2.67%, and 2.61% respectively, with weekly returns of 1.81%, 1.23%, and 0.90%.

4E: The uncertain outlook on tariffs keeps the market on alert, with a slight rebound in the US stock and cryptocurrency markets

ChainCatcher news reports that, according to 4E monitoring, the U.S. government has temporarily suspended tariffs on electronic products, boosting market sentiment. However, Trump stated that there are no "exemptions" from tariffs, and related products have merely been shifted to another tariff category. This erratic policy signal has led to fluctuations in market sentiment. The U.S. stock market opened higher on Monday but closed lower, with all three major indices briefly turning negative during the day, but ultimately ended up collectively. By the close, the Dow Jones rose 0.78%, the S&P 500 index rose 0.79%, and the Nasdaq rose 0.64%. The index of the seven tech giants closed up 0.18%.The cryptocurrency market followed the U.S. stock market with a moderate rise, with Bitcoin fluctuating around $85,000. Strategy announced last week that it purchased 3,459 Bitcoins for $286 million (average price of $82,618), which somewhat boosted market sentiment. At the time of writing, Bitcoin was priced at $85,031, up 1.12% in 24 hours. Altcoins showed mixed performance, with gains and losses alternating, resulting in structural volatility in the market as investors sought a balance between optimism and caution.In the forex market, the U.S. dollar index fell over 0.4%, trading below the psychological level of 100 points; oil prices fluctuated due to weakened demand expectations, ultimately rising slightly; spot gold spent most of the day in a downward trend, falling 0.83% after hitting a historical intraday high for three consecutive days.Trump's fluctuating tariff policy keeps the market on alert. On Monday, Trump was "quiet" for a day; for the current market, no news from Trump is good news. Investors are concerned that without clear flexibility and progress in negotiations, the market may face further volatility in the short term. Investors are looking forward to a clearer stance from the White House on tariff issues in the coming weeks to reduce uncertainty in global supply chains and the economy.
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