ChainCatcher news reports that, according to 4E monitoring, Federal Reserve officials have consecutively expressed support for an earlier rate cut, boosting market sentiment. The U.S. stock market continues its upward momentum, with all three major indices closing higher. The Nasdaq performed particularly strongly, rising by 2.74%, marking the first time since May 2001 that it has recorded three consecutive days of gains exceeding 2%. The S&P 500 rose by 2.03%, while the Dow Jones, affected by some blue-chip earnings reports, had a relatively modest increase of 1.23%. The technology sector led the gains, with the "seven sisters" of technology averaging an increase of about 3%.The cryptocurrency market is experiencing volatile consolidation, with Bitcoin hovering above $93,000. Spot ETFs have seen net inflows for four consecutive days, indicating a noticeable rebound in investor confidence towards risk assets. Ethereum has retreated from $1,800, with spot ETFs showing net outflows again. Other major altcoins have generally fluctuated slightly, with the layer 2 sector leading the gains. The continuous rise over several days has kept market sentiment soaring, re-entering the "greed" zone.The forex and commodity markets are showing a mixed performance. Under pressure from rate cut expectations, the U.S. dollar index fell by 0.47%; the weakness of the dollar boosted oil prices, with crude oil fluctuating upward, and WTI rising over 0.83%; gold prices rebounded, returning to above $3,300, with spot gold rising by 1.77%, reported at $3,346.As several Federal Reserve officials publicly hinted at a possible rate cut in June, the impact of Trump’s tariffs has temporarily faded, leading to a general market rise. The next Federal Reserve meeting is scheduled for May 6 to 7. According to CME Group's FedWatch data, investors generally believe that there will be no change in May, with the probability of a rate cut in June rising to 58%.

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.

ChainCatcher news reports that according to 4E monitoring, Trump made remarks on Tuesday indicating a softening of tariff policies, stating that the tariffs on China are too high and that a significant reduction in rates is expected. With optimistic expectations for China-U.S. tariff negotiations, global trade tensions eased, boosting risk sentiment and leading to a surge in U.S. stocks. The S&P 500 rose by 2.5%, the Dow Jones increased by 2.66%, and the Nasdaq climbed by 2.71%. Major tech stocks recovered from the previous day's losses, with the seven giants index rising by 2.84%.The cryptocurrency market saw a collective rise, with Bitcoin continuing its strong performance. After breaking through the $90,000 mark last night, it accelerated its rise and, following Trump's retraction of his earlier threat to fire Federal Reserve Chairman Powell, it briefly approached $94,000 this morning, reaching a new high since early March, currently reported at $93,063, with a daily increase of 5.6%. Ethereum reversed its recent downturn, surging by 14% and breaking through $1,800. The altcoin market also rose collectively, with the total cryptocurrency market capitalization increasing by 5.4%.In the forex commodities market, the U.S. dollar index rebounded significantly by 0.65%, and international crude oil rose nearly 2%; as risk appetite improved, international gold prices, which had reached new highs for several consecutive days, retraced some gains, with spot gold down 1.25%.Trump's remarks on tariff softening and his moderate stance on Powell shifted the investment atmosphere from previous concerns to optimism. Moving forward, the progress of trade negotiations and the direction of Federal Reserve monetary policy will become the focus of attention.

ChainCatcher news reports that, according to 4E monitoring, Trump has once again launched a fierce attack on Federal Reserve Chairman Powell and issued threats to the independence of the Federal Reserve, raising concerns in the market about the decline of the dollar's credibility and a potential downturn in the U.S. economy. On Monday, U.S. stocks faced a "Black Monday," with all three major indices suffering significant losses: the Dow Jones fell 2.48%, the Nasdaq dropped 2.55%, and the S&P 500 declined 2.36%. Tech stocks were hit hard, with Tesla down over 5%, Nvidia down over 4%, and the total market value of the "Big Seven" in U.S. stocks evaporating by $404.6 billion.The cryptocurrency market decoupled from U.S. stocks and rose against the trend. Bitcoin has been rising since yesterday morning, and in the evening, Strategy announced the purchase of 6,556 bitcoins for $556 million (average price $84,785), boosting market sentiment, maintaining stability at $87,000 despite the sharp decline in U.S. stocks. This morning, Bitcoin surged again, reaching a high of $88,877, marking a new high in a month, with a 24-hour increase of 1.42%. Bitcoin is draining the crypto market, with altcoins generally under pressure; Ethereum fell below $1,600, down 3.%; SOL reported at $138.75, with a nearly 24-hour decline of 1.72%.In the foreign exchange bulk market, the dollar index plummeted 0.94% to around 98, hitting a new low in the last 16 months; oil prices fell, with U.S. oil down 2.06%; spot gold rose 2.90%, reaching a new high.Trump's continued attacks on the Federal Reserve have left investors worried. While low interest rates may benefit the stock market in the short term, damage to the independence of the Federal Reserve could weaken its long-term ability to control inflation, threatening the dollar's status as the world's safest asset and undermining the foundation of the U.S. economy. The market is highly vigilant, with risk-averse sentiment surging.

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.

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.

ChainCatcher news, according to 4E monitoring, Powell's latest speech warned that the increase in tariffs far exceeds expectations, which may face a dilemma of inflation and economic challenges, suggesting that the Federal Reserve will prioritize controlling inflation and reiterating a wait-and-see stance, denying that it will cut interest rates to rescue the market during a significant market decline. As a result of this hawkish rhetoric, the three major U.S. stock indexes fell sharply, with the Nasdaq plummeting 3.07%, the S&P 500 dropping 2.24%, and the Dow Jones down 1.73%. The seven tech giants all declined, with Nvidia falling nearly 6.9% and Tesla down nearly 5%.The cryptocurrency market performed relatively independently amid the sharp decline in U.S. stocks. Bitcoin briefly dropped sharply after Powell's speech but quickly regained above $84,000, currently reported at $84,227, up 0.8% in 24 hours. Most altcoins rose, but market sentiment remained cautious, with investors wary of potential impacts from the spread of overall economic risks.The foreign exchange and commodity markets experienced increased volatility, with the dollar index widening its decline after Powell's speech, dropping slightly over 1% for the day; the U.S. announced new sanctions targeting Iranian oil exports, causing crude oil to rebound nearly 2% to a nearly two-week high; gold prices maintained an upward trend throughout the day on Wednesday, with spot gold rising nearly 3.5%, setting a new historical record.During the sharp decline in U.S. stocks, Trump repeatedly called for interest rate cuts, and market expectations for an emergency rate cut by the Federal Reserve increased, but Powell's latest speech doused those hopes. The CME FedWatch tool shows that the probability of the Federal Reserve maintaining interest rates in May has risen to 83.2%.

ChainCatcher news reports that, according to 4E monitoring, the deadlock in US-EU trade negotiations has led to cautious investor sentiment, causing US stocks to fail to continue their rebound on Tuesday, with all three major indices slightly declining, although volatility has noticeably eased compared to recent times. By the close, the Nasdaq fell 0.05%, the S&P 500 dropped 0.17%, and the Dow Jones decreased by 0.39%. Tech stocks showed mixed performance, with the seven giants index down about 0.4%.Cryptocurrencies weakened across the board, with Bitcoin dropping from $86,496 last night to $83,670 before this report, a nearly 2% decline in 24 hours; Ethereum fell 2.2% below $1,600. The altcoin market generally declined, with the Meme and AI sectors leading the drop.Despite the recent volatility in financial markets, Bitcoin has remained stable above $80,000, demonstrating strong resilience.In the forex commodities sector, the US dollar index's downward trend has slowed, rising 0.59% back above the 100 mark; oil prices remained basically unchanged from the previous day; trade uncertainties have favored safe-haven assets, with London gold surging 1.32% to $3,272, up over 23% year-to-date.The shadow of the trade war continues to loom over the market, with the uncertainty surrounding Trump's tariff policies exacerbating concerns about a global economic slowdown, and the deadlock in US-EU negotiations further increasing market uncertainty. The US stock earnings season has begun, with several large companies set to announce their earnings this week, which may intensify market volatility.

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.

ChainCatcher news reports that, according to 4E monitoring, the global market has been highly volatile amid the uncertainty of Trump's tariffs and expectations of Fed easing. After a rollercoaster ride, U.S. stocks made a strong rebound last week, with the three major indices achieving their best performance in over a year. The S&P rose a cumulative 5.7%, marking its best weekly performance since November 2023. The Dow increased by 4.95%, and the Nasdaq rose by 7.29%. The index of the seven tech giants surged by 8.95%, with Nvidia standing out, posting a weekly gain of 17.62%.The cryptocurrency market has also been highly volatile. Bitcoin, influenced by the risk-averse sentiment triggered by the tariff war, plummeted to nearly $74,000 at the beginning of the week. However, following Trump's announcement to suspend reciprocal tariffs and release an exemption list, market sentiment improved, and Bitcoin gradually rebounded, surpassing $86,000 at its peak. As of the time of writing, it was at $84,408, with a weekly increase of nearly 7%. Other altcoins also saw significant rebounds, although Ethereum's overall performance remained weak.In the forex market, Trump's aggressive tariffs have weakened the dollar's safe-haven status, causing the dollar index to fall below the 100 mark to its lowest level since 2022, with a weekly decline of 2.9%, marking the largest weekly drop in nearly two years. Oil prices fell for the second consecutive week due to demand concerns; meanwhile, safe-haven demand surged, pushing gold prices to new highs, with spot gold rising a cumulative 6.48% last week.Despite the market rebound last week amid tariff policy easing, Trump's latest statements denying "exemptions" from tariffs indicate that policy uncertainty remains a major risk. U.S. inflation data (CPI and PPI) came in below expectations, and the minutes from the Fed's March meeting suggest that inflation may be more persistent. This week, close attention should be paid to Trump's tariff dynamics and Powell's speeches.

ChainCatcher news reports that, according to 4E monitoring, the threat of an escalation in the China-U.S. tariff war has overshadowed the positive effects of slowing inflation. Investor concerns have taken precedence, and U.S. stocks failed to maintain Wednesday's significant rebound. On Thursday, the three major indices at one point dropped by at least 5%, although the decline narrowed towards the end of trading. By the close, the S&P 500 index fell by 3.5%, having at one point dropped by 6.3%, nearing the 7% first-level circuit breaker, marking the largest intraday drop since March 2020; the Nasdaq fell by 4.31%, and the Dow Jones by 2.5%. Major tech stocks collectively declined, with the seven giants index dropping by 6.67%.In the cryptocurrency market, the strong rebound from the previous day reversed sharply last night alongside the U.S. stock market. Bitcoin fell from $82,000 to a low of $78,464, nearly erasing all gains from the previous day. As of the time of writing, it is reported at $80,258, down 2.67%. Among the top ten mainstream coins, Ethereum performed the weakest, influenced by whale sell-offs and the decoupling of sUSD, briefly falling below $1,500. Before the deadline, it is reported at $1,541, down 6% in nearly 24 hours.In the forex commodities sector, the U.S. dollar index fell by 1.89%, marking the largest single-day drop since 2022. Oil prices dropped over 3% due to weak supply and demand expectations. Risk aversion surged, with gold reaching $3,220, setting a new historical high.Latest data shows that the U.S. March CPI fell short of expectations across the board, but the impact of tariffs has yet to be fully realized, which may soothe investors in the future. As Trump's chaotic tariff policies continue to disrupt the market, expectations of a tightening global supply chain have intensified, raising broader concerns about an economic recession. The market remains skeptical about whether the 90-day tariff delay can lead to substantial negotiation outcomes.

ChainCatcher news reports that, according to 4E monitoring, after Trump announced a 90-day tariff suspension on countries that do not retaliate, investor panic sentiment significantly reversed, leading to a sharp rise in U.S. stocks during the trading session, with all three major indices closing with substantial gains. The Dow Jones Industrial Average rose by 7.87%, marking the largest single-day increase since March 25, 2020; the S&P 500 surged by 9.52%, achieving its best single-day performance since 2008; the Nasdaq rose over 12%, recording the second-largest single-day gain in history. Tech stocks performed exceptionally well, with the seven giants index soaring by 14.00%, and a total market value increase of $1.85 trillion in one day.The cryptocurrency market also experienced a collective surge, with Bitcoin continuing to climb from yesterday's low of $74,000, hovering around $83,000 before the deadline, a 24-hour increase of over 8.7%. Ethereum rebounded from a low of $1,385, reporting $1,660 before the deadline, with a nearly 14.6% increase in 24 hours. Other altcoins also saw significant rises, with the total crypto market cap increasing by 8.4% in 24 hours. However, market sentiment has not yet clearly recovered, indicating strong uncertainty regarding the recent tariff war.In the forex and commodities market, the trade dispute continues, with the dollar index failing to rebound and falling by 0.10%; crude oil rebounded strongly, averaging over a 5% increase during the midday session; spot gold fluctuated upward throughout the day, rising by 3.27% in New York's late trading.Recently, the market has reacted strongly to tariff news. Although some positive news has emerged, alleviating part of the market sentiment, the "suspended sentence" policy has not completely eliminated uncertainty and may instead bring more chaos.

ChainCatcher news reports that according to 4E monitoring, as the "peer tariff" policy approaches its effective date, Trump signed the latest executive order on Tuesday, raising tariffs on China to 104%, causing global markets to plunge into a panic sell-off once again.The three major U.S. stock indexes surged in early trading due to optimistic expectations for trade negotiations, with the Nasdaq and S&P 500 both rising over 4%. However, following the tariff news, market sentiment reversed, and gains quickly evaporated, turning into declines. By the close, the Nasdaq fell 2.15%, the Dow dropped 0.84%, and the S&P 500 decreased by 1.57%. The index of the seven tech giants fell over 2.3%, oscillating downward throughout the day, with losses narrowing towards the end.The cryptocurrency market followed the U.S. stock market down again, with Bitcoin dropping from last night's high of 80,000 to a low of 74,620, nearing a new low, and reporting at 76,053 before the deadline, down 5.8% in 24 hours. The altcoin market generally suffered heavy losses, particularly in the meme and AI sectors, with the market in a state of extreme panic.In the forex commodities sector, the U.S. dollar index halted its two-day winning streak, falling about 0.3%, while safe-haven demand drove the yen and Swiss franc higher; crude oil fell for four consecutive days, hitting a new low in four years; spot gold showed a trend of rising and then falling throughout the day, retreating above the psychological level of 3,000 dollars.The market generally believes that the extremely high tariff of 104% has escalated the U.S.-China trade war to an unprecedented level of intensity. The market is closely watching the subsequent actions of both the U.S. and China, as well as whether other countries will be drawn into a broader trade conflict. In the short term, the market may continue to be shrouded in high uncertainty.

ChainCatcher news reports that according to 4E monitoring, U.S. stocks opened sharply lower on Monday. During the day, influenced by false news about "tariff delays," the indices fluctuated widely, with the Nasdaq experiencing a maximum amplitude of nearly 10%. U.S. stocks briefly turned positive, but fell again after the news was debunked. Before the market closed, Trump stated that he was not considering suspending the tariff increases and mentioned that multiple countries were coming to negotiate with the U.S. By the close, the three major indices showed mixed results: the Dow fell by 0.91%; the S&P 500 dropped by 0.23%; the Nasdaq narrowly rose by 0.10%, ending a two-day decline. The index of the seven major U.S. tech stocks rose by about 0.2%.The cryptocurrency market rebounded, with Bitcoin leading the decline in the Asian session yesterday, hitting a low of $74,508. In the evening, rumors of a "90-day tariff delay" drove BTC to rapidly break through $81,000, but it fell back after the news was debunked. As of the deadline, Bitcoin was fluctuating above $80,000, up 2.8% in 24 hours, while other altcoins generally saw significant rebounds. In the midst of the market's violent fluctuations, ETH performed particularly weakly, dropping to $1,411 yesterday, leading in decline and hitting a one-year low in market capitalization share. In the current rebound, its increase is also significantly lagging, deepening market concerns about its long-term competitiveness.In the forex and commodities sector, the U.S. dollar index rose by 0.29%, while recession expectations pushed crude oil to a three-day decline, dropping over 2% and hitting a new low in more than three years. Spot gold fell by 1.76%, showing a trend of rising and then falling throughout the day, mostly in a downward state.Trump's tariff policy has triggered a global chain reaction of countermeasures, causing turmoil in the financial markets. Investors are hoping that the Federal Reserve can step in to stabilize the market, but with current inflation pressures being significant, the likelihood of the Fed intervening urgently in the short term is low unless the market or economy falls into a severe crisis.

ChainCatcher news reports that, according to 4E monitoring, a tariff storm is sweeping the globe, and market panic is spreading, intensifying the sell-off of risk assets. Following a nearly 10% drop last week, U.S. stock futures opened sharply lower on Monday, with S&P 500 and Nasdaq futures at one point falling over 5%. As of the time of writing, the declines have narrowed to 2.39% and 3.17%, respectively, while Dow futures fell 2.42%. The Asia-Pacific stock markets also opened with significant losses, with the Nikkei index plummeting 8.1%, the South Korean KOSPI index dropping 5.14%, and all three major A-share indices falling over 4%. The Hong Kong Hang Seng index opened down 9.28%.The cryptocurrency market also experienced a significant downturn, closely mirroring the performance of U.S. stocks. Bitcoin fluctuated narrowly around $83,000 over the weekend, but began to break through key support levels early Monday morning, hitting a low of $77,100, marking a nearly one-month low. Other major cryptocurrencies also saw sharp declines, with Ethereum dropping 13.5% to $1,580. The total global cryptocurrency market capitalization shrank from $2.4 trillion to $2.16 trillion, a decrease of 10%. The total liquidation amount across the network in the past 24 hours was $886 million. The market is in a state of extreme panic.The commodities market also did not escape unscathed. Spot gold fell below the psychological level of $3,000, hitting a low of $2,971. U.S. oil dropped to $59.80 per barrel, down 12% from last week's high, marking a new low since April 2021.

ChainCatcher news reports that, according to 4E monitoring, Trump's tariff plan is much more aggressive than the market expected, triggering strong investor concerns about a full-blown trade war leading to an economic recession. On Thursday, all three major U.S. stock indices fell sharply, with the Nasdaq dropping 5.97%, marking the largest single-day decline since March 2020; the S&P 500 fell 4.84%, and the Dow Jones dropped 3.98%, both the largest single-day declines since June 2020. Major tech stocks plummeted, as tariffs are expected to impact the supply chain, with Apple falling over 9%. The market capitalization of the "Magnificent 7" evaporated by about $1 trillion in a single day, reaching its lowest point since early August last year.The cryptocurrency market also saw a widespread decline. Bitcoin fell from a high of $88,000 before the tariff announcement to nearly $81,000, a significant drop, but still relatively strong compared to tech stocks. Various sectors of the market experienced widespread losses, with the overall cryptocurrency market capitalization dropping nearly 8%. The crypto fear and greed index, which had recovered in March, fell back into the "extreme fear" range.The foreign exchange and commodity markets were also affected, with the dollar index falling 1.61% to its lowest level since October 2024, erasing all gains since Trump's election; the outlook for slowing global economic growth caused oil prices to plummet nearly 7%, marking the largest single-day decline since July 2022. Spot gold prices fluctuated narrowly, remaining basically flat compared to the previous trading day.Trump's tariffs have caused a bloodbath in the financial markets, and the non-farm payroll report for March is set to be released tonight. Before the potential impact of import tariffs on the data, the labor market is expected to remain stable. The market is closely watching Powell's speech, and according to the CME FedWatch tool, traders' pessimism about the U.S. economic outlook has significantly increased the likelihood of an emergency rate cut by the Federal Reserve, with the number of expected rate cuts this year rising from two a month ago to four.

ChainCatcher news, according to 4E monitoring, Trump announced last night the implementation of reciprocal tariffs, adopting a dual-track system that combines "benchmark tariffs" and "one country, one tax rate," with rates exceeding market expectations. The U.S. stock market was initially optimistic due to the 10% benchmark tariff being lower than expected, with major indices closing up. However, after the specific high tax rates were announced, investors became concerned about the escalating risks of a global trade war, which could drag the U.S. economy into recession, leading to panic selling after hours, with stock index futures plummeting. As of the time of writing, S&P 500 futures were down over 2.79%, Nasdaq futures fell over 2.65%, and Dow futures dropped more than 1.9%.The cryptocurrency market fell across the board. Initially buoyed by optimistic sentiment regarding tariffs, global risk assets generally rose, with Bitcoin briefly soaring to $88,500. However, as more details were released, market sentiment turned sharply negative, and Bitcoin plummeted to yesterday's low, returning to around $83,000, with a 24-hour decline of over 1.8%. Ethereum fell from $1,957 to below $1,800. Most sectors in the market declined, with the Meme sector experiencing significant losses.In the forex and commodities market, the dollar fell throughout the day, down 0.65%; during the U.S. trading session, oil and gas prices rose, but after the tariff announcement, crude oil futures prices dropped by 1.0%; safe-haven sentiment drove gold prices to new highs, with London spot gold reaching $3,157, up about 0.7%.After Trump announced comprehensive new tariffs on 185 countries, U.S. stock index futures and major cryptocurrencies plummeted, triggering turmoil in global markets and widespread risk aversion. The scale and unpredictability of the tariffs have quickly shifted investors' focus to macroeconomic headwinds, prompting the market to reassess inflation trajectories, growth risks, and policy responses for the second quarter.