ChainCatcher news, after the Federal Reserve cut interest rates, the US stock market continues to rise. (Jin Ten)

ChainCatcher news, according to 4E monitoring, on Thursday, only the Dow Jones fell among the three major U.S. stock indices. Dragged down by the earnings reports of IBM and Honeywell, the Dow fell 0.33%, marking its fourth consecutive day of decline; the S&P 500 index rose 0.21%, halting a three-day losing streak; Tesla surged nearly 22%, supporting the Nasdaq and the consumer discretionary sector, with the Nasdaq reaching a peak increase of over 0.8% during the session. Most cryptocurrencies rose, with Bitcoin rebounding to surpass $68,000, up 0.9%, and Ethereum reported at $2,513, down 1.5%.In the foreign exchange bulk market, the U.S. dollar index fell about 0.4% on Thursday, ending a three-day rally and retreating from a nearly three-month high; as U.S. Treasury yields fell alongside the dollar, gold prices surged significantly. Spot gold jumped by $20.52, an increase of 0.76%, approaching historical highs again; concerns about a slowdown in the European economy negatively impacting oil demand, coupled with reports that the U.S. and Israel would attempt to restart negotiations on a ceasefire in Gaza, pressured oil prices, with U.S. oil and Brent oil rising over 2% before turning to a decline of more than 1%.Multiple economic data released in October support the market's bets on a regular 25 basis point rate cut by the Federal Reserve in November. The market is still focused on corporate earnings reports; so far, over 32% of companies in the S&P 500 index have reported their third-quarter results, with 76% of those companies exceeding analysts' expectations. Despite the continuous major news during earnings season, with the U.S. election approaching, the overall U.S. stock market remains directionless. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, recently launching a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to The Block, among the major cryptocurrencies and blockchain-related stocks traded on Nasdaq, MicroStrategy rose about 6.5% to $224.68, while Coinbase increased by 4.5% to $184.29.The stock prices of cryptocurrency mining companies also saw an increase, with Bitfarms listed on Nasdaq rising 3.8% to $1.92. Riot Platforms rose 4.6%, Marathon Digital increased by 5% to $16.93, and Hut 8 rose 4.5% to $12.30. The Nasdaq 100 futures index rose by 0.33%.

ChainCatcher message, U.S. stock market opens, Dow Jones rises by 0.16%, S&P 500 index rises by 0.43%, Nasdaq rises by 0.79%. Intel (INTC.O) rises by 6.2%, as it may spin off its foundry business. Dell (DELL.N) rises by 3.89%. (Jin Shi)

ChainCatcher news, according to Michael Hartnett, chief strategist at Bank of America, the turmoil in global financial markets has not yet reached a level that triggers concerns about an economic hard landing.The S&P 500 Index (SPX) has fallen about 6% since hitting a record high in mid-July, and the benchmark stock index remains above the 200-day moving average of around 5050 points, while the yield on the U.S. 30-year Treasury bond has not fallen below 4%.Michael Hartnett wrote in a memo, "The technical levels that could shift Wall Street's narrative from a soft landing to a hard landing have not yet been broken. Despite investor feedback being 'fatigued', expectations for Fed rate cuts mean that the preference for stocks over bonds has not ended due to the market sell-off."

ChainCatcher news, U.S. stock market opens, Dow Jones rises 230 points, S&P 500 index rises 1%, Nasdaq rises 1.5%. Star tech stocks perform well, Micron Technology (MU.O) rises 5%, as the company may buy back shares, TSMC (TSM.N) rises 4%, ASML (ASML.O) rises 4%, NVIDIA (NVDA.O) rises 3%. Disney (DIS.N) falls 2.6%, as the company warns that its theme park business is under pressure. Airbnb (ABNB.O) falls 14%, as third-quarter revenue outlook is below expectations. Novo Nordisk (NVO.N) falls 6%, as the company unexpectedly lowers its full-year profit forecast. (Jin Shi)

ChainCatcher news, according to The Block, block data shows that the 30-day Pearson correlation between Bitcoin and the Nasdaq index and between Bitcoin and the S&P 500 index has dropped to -0.84 and -0.82, respectively, marking a low since November 2023.The relevant data from The Block is consistent with a recent report from Bloomberg, which stated that the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 index fell to 0.21 on Tuesday, a multi-month low.

ChainCatcher news, the U.S. stock market's crypto sector is rising before the market opens, with MicroStrategy up 5.85% pre-market, Riot Platform up 3.78% pre-market, and Coinbase up 3.42% pre-market.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, BTC spot ETFs experienced a net outflow of $83.45 million over the past week. The BTC price also retraced from $72,000 to $67,000 this week, a decline of 7%. On April 12, eleven BTC spot ETFs had a net outflow of $55.06 million, corresponding to a net outflow of approximately 824 BTC from ETF custody addresses after the U.S. stock market opens next Monday (4/15):Outflow: Grayscale (GBTC) had an outflow of approximately 2,486 BTC (corresponding to a fund outflow of $166.21 million on 4/12);Inflow: BlackRock (IBIT) had an inflow of approximately 1,662 BTC (corresponding to a fund inflow of $111.15 million on 4/12).Currently, the eleven BTC spot ETFs hold a total of 841,806 BTC (worth $56.29 billion).

ChainCatcher news, according to Cointelegraph, some analysts attribute today's significant rebound in Bitcoin to the renewed turmoil in the U.S. banking sector.According to U.S. stock data, First Republic Bank saw a maximum decline of nearly 20% today, with trading halted twice during the day; the decline has since narrowed to 16%. According to its previously released earnings report, First Republic Bank's customer deposits decreased by 40.8% this quarter due to customer withdrawals. The bank received a $30 billion cash injection in March, but quarterly outflows have exceeded $100 billion.Additionally, CNBC reports citing sources that the U.S. White House or Treasury Department currently seems unwilling to pressure banks to develop an asset sale plan for First Republic Bank. (source link)