ChainCatcher news, according to Lookonchain monitoring, during today's market downturn, two whales bought 15,191 ETH (23.94 million USD). Since February 11, 2024, 0x5fAD has purchased 24,299 ETH (57 million USD) at an average price of 2,343 USD, currently facing a loss of 19.36 million USD.It is reported that 0x96F4 has bought 22,000 ETH (37.6 million USD) at an average price of 1,709 USD in the past 6 days, currently facing a loss of 3.6 million USD.

ChainCatcher news, citing analysts from The Block, pointed out that the sell-off in the cryptocurrency market on Monday was primarily driven by global macro factors rather than issues within the crypto market itself. Dr. Kirill Kretov, a senior automation expert at CoinPanel, stated in an interview with The Block: "We are in a period of heightened global uncertainty, with escalating tariff conflicts, frequent geopolitical hotspots, and conflicting macro signals all converging. In this environment, investors are pulling out of risk assets and moving towards what are considered safer assets, such as U.S. Treasuries and gold. Cryptocurrencies, especially altcoins, are bearing the brunt of the pressure."Despite the market facing a sell-off, some analysts still believe there is a possibility of a rebound in the short term. Analyst Chu from BRN stated that the oversold condition could trigger a rebound in the middle of this week, depending on the upcoming economic data.Chu said, "As the short-term overselling of risk assets intensifies, we may see some short-term relief in the next day or two. With the release of the Federal Reserve's FOMC meeting minutes on Wednesday, U.S. CPI and initial jobless claims on Thursday, and PPI along with the University of Michigan consumer sentiment and inflation expectations data on Friday, the market could experience at least a few weeks of a 'dead cat bounce' that may start as early as Wednesday."

ChainCatcher news, BlackRock CEO Larry Fink stated: I still do not rule out the possibility of the market dropping another 20%. The U.S. is currently a source of instability, with concerns about high inflation and rising interest rates. Trump has been focusing on areas that lead to inflation and economic instability. Most CEOs I have spoken to believe the U.S. economy is already in recession and are skeptical about the speculation that the Federal Reserve will cut rates multiple times in 2025.But in the long run, there are more buying opportunities than selling opportunities. Larry Fink previously stated that market chaos is a "buying opportunity" and mentioned that BTC could become the next global reserve currency.

ChainCatcher news, according to Jin Shi reports, the Director of the National Economic Council, Hassett, accepted an interview with Fox News. The host, Jimmy De, asked whether Trump would consider suspending tariffs for 90 days. Before answering, Hassett said "Yep," and then stated, "I think the president will make his decision... even if you think there will be some negative impact on trade, that only accounts for a small part of GDP."Financial blog Zero Hedge explained that the market seems to have misunderstood Yep as an agreement, but he only meant to indicate that he heard the question clearly.

ChainCatcher news, according to Jinshi reports, Trump's rapid response team responded to the market rumors of "90 days tariff suspension," and Hassett stated that he did not say such news, and the related rumors are fake news.

ChainCatcher message, OKX-ETH/USDT is currently at $1605.64, with a 24-hour decline of 9.42%.

ChainCatcher news, according to OKX market data, BTC briefly broke through 80,000 USD, with the 24-hour decline narrowing to 3.48%.

ChainCatcher message, OKX-ETH/USDT is currently at $1550.50, with a 24-hour decline of 11.74%.

ChainCatcher news, according to CoinDesk, the issuer of the stablecoin USDT, Tether, may launch a new token specifically for the United States. Tether CEO Paolo Ardoino stated in an interview that the company has been involved in discussions regarding U.S. stablecoin regulations and may create a token solely for the U.S., depending on the progress of these discussions. Paolo Ardoino mentioned that the Trump administration viewed stablecoins as "an important tool for America," and if new rules are introduced to make U.S. stablecoins competitive, Tether may be interested in creating a "domestic" stablecoin, which would essentially be a "settlement currency."

ChainCatcher news, according to social media messages from BitMEX co-founder Arthur Hayes, he has been continuously buying Bitcoin (BTC) and stated that he will continue to buy. Hayes believes that while the prices of small-cap tokens have entered the target range, Bitcoin's dominance in the cryptocurrency market is expected to rise to 70%, so he will not be making large purchases of small-cap tokens at this time. He also pointed out that printing money is the only solution at present.

ChainCatcher news, according to Jin10 data reports, U.S. tech stocks fell across the board in pre-market trading, with none of the "seven giants" spared. Apple (AAPL.O) dropped 5.4%, Tesla (TSLA.O) fell by as much as 10%, Intel (INTC.O) decreased by 4.8%, and Meta Platforms (META.O) declined by 6.1%. Among automakers, General Motors (GM.N) fell 4.9%, and Ford Motor (F.N) dropped 3%.

ChainCatcher message, the market shows that Bitcoin's market capitalization has fallen below $1.5 trillion, currently reaching $1,492,032,895,556, with a 24-hour decline of 9.8%; Ethereum's market capitalization has fallen below $180 billion, currently reaching $179,441,714,003, with a 24-hour decline of 18.2%.

ChainCatcher message, OKX-ETH/USDT is currently at $1436.30, with a 24-hour decline of 20.21%.

ChainCatcher message, OKX-BTC/USDT is currently at $75131.50, with a 24-hour decline of 9.91%.

ChainCatcher news, according to Jinshi Data reports, the Nikkei 225 index closed down 2644.00 points on April 7 (Monday), a decrease of 7.83%, reporting at 31136.58 points. During the session, it once fell below the 31000 mark to a new low since October 2023.The South Korean KOSPI index closed down 137.39 points on April 7 (Monday), a decrease of 5.57%, reporting at 2328.03 points, and during the session, it once fell to the lowest level in over 17 months.