ChainCatcher news, Wintermute trader Jake O stated on social media that the cryptocurrency market can no longer trade in isolation and is currently in a macro-driven market environment.Jake O pointed out that this trend has repeatedly appeared throughout the market cycle, although it is not persistent, especially when the market fear index (VIX) is above 20. In this market environment, investors should pay extra attention to U.S. economic data and the dominant narratives in the market—currently mainly focused on tariff issues, which will drive marginal capital flows.

ChainCatcher news, French crypto market maker and liquidity provider Flowdesk has completed a $52 million Series B extension financing, with 80% being equity financing and approximately 20% ($10.2 million) being debt financing. The equity financing round was led by European investment firm HV Capital, with participation from Eurazeo, Cathay Innovation, and ISAI VC, while the debt financing portion was provided by funds managed by BlackRock. HV Capital also gained a seat on Flowdesk's board.Flowdesk plans to use the funds from this round to expand its business, including launching a dedicated crypto credit business and establishing an office in the UAE. The company's co-founder and global CEO Guilhem Chaumont stated that the debt financing is a strategic choice for the company to optimize its balance sheet while maintaining sustainable growth and avoiding equity dilution. Flowdesk previously completed a $50 million Series B financing in January 2024, at which time it was valued at over $250 million.Flowdesk was founded in 2020, with its main business covering market making, liquidity provision (including crypto ETFs), OTC trading, brokerage services, and financial management.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on the X platform that the crypto market is gradually becoming a tool for the United States to pursue national interests. Since Trump's election, global moral standards have declined; as long as actions align with Trump and U.S. interests, they are no longer considered illegal.He pointed out that the U.S. has opened the market without regulation, and although it has not strictly cracked down on fraudulent projects, it has clearly sent a signal: projects that follow the Trump administration's agenda and benefit U.S. national interests will be supported. The issuance of Trump-themed coins is a symbol of this trend.Ki Young Ju believes that this strategy may lead to "tokens serving U.S. national interests" being detrimental to other countries. At the same time, this trend is also unfavorable to assets like Bitcoin and Ethereum that are committed to globalization and neutrality. He speculated that, based on Trump's recent remarks, Bitcoin and Ethereum are in a delicate position of "neither allies nor enemies."

ChainCatcher news reports that, according to 4E monitoring, the U.S. stock market ended February poorly due to weak economic data and the impact of Trump's tariffs, with the Nasdaq leading the decline by nearly 4%, marking the worst monthly performance since April last year. The S&P 500 index fell by a cumulative 1.42%, and the Dow Jones by 1.58%. The seven tech giants saw a continuous decline in the first four days of last week, with stock prices plummeting collectively, only rebounding on Friday. For the week, Tesla had the largest drop of 13.27%, followed by Nvidia with a 7.07% decline, resulting in a total market value loss of $2.2 trillion for the seven giants compared to the December peak.The cryptocurrency market experienced significant volatility, plummeting last week due to U.S. tariff policies, weak macro data, the unlocking of SOL institutions, and the largest outflow of spot ETFs for the week. Bitcoin fell to a low of around $78,000, the lowest since November 11 of last year. ETH and SOL crashed, with many altcoins dropping to all-time lows. Amid extreme market panic, Trump personally "called out" on Sunday, advocating for BTC, ETH, XRP, SOL, and ADA to be included in the national cryptocurrency strategic reserves. The market quickly rebounded on the news, with Bitcoin briefly surpassing $95,000. As of the time of writing, Bitcoin rose 8.5% to $92,969, ETH increased 11% to $2,439, SOL surged 20% to $171, ADA skyrocketed 60% to $1.06, and XRP rose 24% to $2.78.In the foreign exchange and commodities sector, the dollar overall trended downward, with a cumulative decline of about 0.8% in February. International oil prices fell after two consecutive months of increase, with a cumulative drop of over 3% in February, marking the largest monthly decline since September last year. Spot gold plummeted over 2.7% this week, but still saw a cumulative increase of over 2.1% in February.Several U.S. economic data points performed poorly, raising investor concerns about the risk of stagflation. Last week, the U.S. January core PCE met expectations, somewhat alleviating inflation worries. This week, key focuses include the U.S. February non-farm payroll report, the Federal Reserve's economic conditions beige book, Powell's speech, and the White House cryptocurrency summit.

ChainCatcher news, Coinbase co-founder and CEO Brian Armstrong commented on social media regarding "Trump is advancing a cryptocurrency reserve plan," stating that in terms of asset allocation for strategic reserves, BTC may be the best choice. As a successor to gold, BTC has the simplest and clearest narrative. If people want more variety, a market-cap weighted index of crypto assets can be used to maintain fairness. But choosing only BTC may be the simplest option.

ChainCatcher news, recently, Huobi HTX held a Twitter Space themed "Can we still catch the bus in the crypto market downturn?"Crypto KOLs J@Crypto, SteveRen, AK, 527, and Big Brother were invited to attend and shared trading strategies behind the significant drop in the crypto market. The five guests generally believe that Trump's tax cuts, deregulation, and tariff policies, combined with the Federal Reserve's high interest rates of 4.25%-4.50%, have hindered global capital flows and reduced market liquidity.At the same time, the Solana celebrity coin controversy, the Bybit theft incident, and the repeated rejection of state-level Bitcoin reserve bills in the U.S. have led to a concentrated outbreak of negative news, causing the crypto market to decline continuously. J@Crypto believes that the downturn is a short-term shock, and long-term confidence remains. Institutions and traditional funds are slowly positioning themselves, which will extend the bull market cycle. SteveRen analyzed from a technical perspective that Bitcoin has reached the bull-bear boundary EMA200 moving average, and a sharp decline is unlikely to see a quick rebound in the short term.From the perspective of ecological construction, Ethereum is superior to Solana and SUI, with certain potential for an explosion. Big Brother optimistically believes that the Federal Reserve's expectation of interest rate cuts in the second half of the year may boost BTC to new highs. In extreme market conditions, prioritizing BTC with a 70%-80% position allocation, while managing positions and risks, can outperform most people. 527 believes that BTC will oscillate at a high level within the range of 70k-105k. During this period, there may be innovations and explosions in the on-chain ecosystem. Large positions can be allocated to wealth management or held in BTC, while small funds can seize on-chain opportunities.In contrast, AK is more pessimistic. He believes that the bull market ended last year, and the bear market has arrived. Altcoin liquidity has dried up, leaving no room for rebounds; funds can be placed in wealth management products on exchanges like Huobi HTX, such as USDD with up to 20% annualized returns; or one can wait for lower prices to heavily invest in BTC.

ChainCatcher news, according to the Financial Times of the UK, Bitwise Chief Investment Officer Matt Hougan pointed out that Ethereum's price has dropped by 23% in the past month, while Solana, which hosts most of the meme coin blockchains, has fallen by 42%. The cryptocurrency market is currently digesting the end of the meme coin craze, and it will continue to be dragged down until institutional interest in cryptocurrencies recovers.Additionally, traders are becoming increasingly frustrated as Trump has not implemented some of the reforms he promised during his campaign more quickly. The slower-than-expected rollout of significant pro-cryptocurrency policies has led to a shift in market sentiment towards disappointment.

ChainCatcher news, according to cryptocurrency analyst Miles Deutscher, stated that although Bitcoin prices remain at high levels, overall market sentiment has fallen back to 2024 lows.He pointed out that the correlation between cryptocurrency market sentiment and altcoin performance is higher than that of Bitcoin, and recently, altcoin performance has been weak. Deutscher raised the question of whether this indicates that the altcoin market is approaching a phase of selling pressure.

ChainCatcher news, influenced by Microsoft's withdrawal of two data centers, Wall Street is concerned that AI infrastructure may face the risk of oversupply. Additionally, Trump's claim that tariffs on Canada and Mexico will continue further undermines market confidence. According to 4E monitoring, major U.S. stock indices saw more declines than gains that day, with the Dow Jones closing up 0.08%, the S&P 500 closing down 0.50%, and large tech stocks collectively falling, dragging the Nasdaq down 1.21%.The cryptocurrency market collectively plummeted under the lead of U.S. stocks. Lawmakers in South Dakota delayed a vote that could allow the state to invest in Bitcoin, effectively killing the bill and further dampening market sentiment. Bitcoin fell below $91,000, hitting a new low since February, and then slightly rebounded, currently reported at $92,245, down 3.77% in 24 hours.Ethereum and altcoins saw significant declines. Previously, the market expected Bybit to buy back ETH to replenish wallet funds, which boosted ETH's rebound. However, market news indicated that the ETH gap had been fully closed through loans and over-the-counter trading, leading to a decline in ETH. This morning, driven by the broader market, it fell below $2,500, down 11% in 24 hours. The meme momentum cooled, with Solana's price dropping below $140, marking the lowest since October, down 15% in 24 hours.In the forex commodities sector, concerns about weak U.S. economic growth led to a 0.07% drop in the dollar index. The U.S. announced a new round of sanctions on Iranian oil exports, with international oil prices rising over 0.4%. Increased demand for safe-haven assets and a weaker dollar supported spot gold, which rose over 0.53% to set a new high, with gold prices up over 12% this year, as investors focus on the $3,000 mark.Current market sentiment is relatively fragile, with deadlines approaching. Trump's tariff policies on Canada and Mexico, along with further signs of weakness in U.S. economic data, create uncertainty in the market, increasing risk aversion. Upcoming key events, such as Nvidia's earnings report on Wednesday, U.S. GDP data on Thursday, and the Fed's preferred inflation indicator PCE data on Friday, may all impact the market.eeee.com (http://eeee.com/) is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news, according to The Block, analysts from investment research firm Bernstein stated that as the regulatory environment improves, liquidity in the crypto market is expected to shift from meme coins to practical tokens in areas such as DeFi, gaming, and NFTs. Chief analyst Gautam Chhugani pointed out that the recent increase in meme coin activity is primarily due to the regulatory pressure on practical tokens and NFT projects during the tenure of former SEC Chairman Gensler.The report indicates that Paul Atkins, a pro-crypto figure nominated by Trump, is likely to become the SEC Chairman. Additionally, the SEC has agreed to withdraw its lawsuit against Coinbase and terminate its investigation into OpenSea, signaling a shift in regulatory attitude. Bernstein expects Bitcoin's price to reach $200,000 by the end of the year, mainly benefiting from national strategic reserve plans, ETF inflows, and continued corporate accumulation.Analysts emphasize that stablecoins and the tokenization of physical assets will become industry focal points, expected to play significant roles in areas such as cross-border B2B payments and global interbank settlements.

ChainCatcher news, according to Jin10 reports, The Wall Street Journal analysis pointed out that cryptocurrency exchange Coinbase stated that the SEC intends to withdraw its lawsuit against the company, marking the end of years of strict enforcement by U.S. regulators on the cryptocurrency market.