Bot

4E: U.S. stocks and gold both hit new highs, while the crypto market rebounded slightly

ChainCatcher news, according to 4E monitoring, the Federal Reserve's monetary policy meeting minutes suggest that they will hold steady until there is more progress on inflation. On Wednesday, U.S. stocks opened lower but rose throughout the day, with all three major indices closing higher. The S&P 500 index rose 0.24%, hitting a new high for two consecutive days, the Dow Jones increased by 0.16%, and the Nasdaq gained 0.07%. Large tech stocks had mixed performances, with Tesla up 1.82% and Nvidia down 0.12%.The cryptocurrency market saw a slight rebound against the backdrop of rising U.S. stocks. After a flash crash to a two-week low on Tuesday, Bitcoin was in a fluctuating upward trend throughout Wednesday, briefly climbing to a high of $97,000 before pulling back slightly, currently reported at $96,810, up nearly 1.5% in 24 hours.Ethereum and altcoins generally warmed up, with Ethereum currently at $2,730, up nearly 2.02% in 24 hours. On-chain activity has cooled, meme popularity has significantly decreased, and SOL continues to perform weakly. The overall market is still oscillating within a range, with no clear direction yet. In the forex commodities sector, the U.S. dollar index rose by 0.11%; spot gold retraced after hitting a historical high of $2,947 during the day, with the daily increase narrowing to 0.15%; multiple messages have increased the outlook for tight oil supply, leading to a continued rebound in oil prices, with Brent crude rising for three consecutive days to a one-week high.The Federal Reserve's January meeting minutes indicate that officials believe inflation needs to continue declining before any further rate cuts can be considered, but policies such as Trump's tariffs pose upward risks to inflation. Overall, the minutes further reinforced market expectations of a "pause in rate cuts," with the Federal Reserve firmly in a "wait-and-see" mode. eeee.com, as a financial trading platform supporting cryptocurrencies, stock indices, commodity gold, forex, and other assets, recently launched a USDT stablecoin financial product with an annualized yield of 8%, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

Data: In the past 7 days, NFT trading volume decreased by 35.15% month-on-month to $112.7 million, while the number of buyers and sellers both increased by over 500% month-on-month

ChainCatcher news, according to Crypto.news, based on CryptoSlam data, the NFT trading volume in the past 7 days has dropped to $112.7 million. This is a decrease of 35.15% compared to the previous week. However, market participation has significantly increased, indicating that despite the lower overall value, interest from new traders is rising. The number of NFT buyers surged by 624.41% to 203,994; the number of NFT sellers increased by 519.61% to 158,805; and the number of NFT transactions slightly decreased by 1.41% to 1,443,007.Ethereum network trading volume decreased by 41.25% to $56 million, while the number of buyers rose by 81.43% to 30,598. The Mythos Chain network ranked second with a trading volume of $13.9 million, an increase of 4.66%. The Solana network, despite a 32.56% decline, maintained its third position with $11 million. The Polygon (formerly MATIC) network performed strongly, ranking fourth with a trading volume of $8.1 million, an increase of 10.76%. The Bitcoin network fell to fifth place with a trading volume of $6.7 million, a decrease of 71.42%.The best-selling NFTs of the week are as follows:Uncategorized Ordinals #8912771: $7,749,449 (80.1296 BTC)CryptoPunks #2550: $331,955 (125 ETH)CryptoPunks #793: $146,683 (53.5 ETH)CryptoPunks #9634: $128,988 (47.5 ETH)CryptoPunks #9701: $122,883 (45 ETH)
ChainCatcher Building the Web3 world with innovators