ChainCatcher news, Federal Reserve Chairman Powell refuses to comment on Trump's retraction of the firing threat.

ChainCatcher message, according to SoSoValue data, the encrypted market has stabilized and rebounded, with Bitcoin (BTC) rising 3.16% in 24 hours, breaking through $97,000, and Ethereum (ETH) rising 2.00%, standing above $1,800. In addition, the PayFi sector rose 2.86%, with Bitcoin Cash (BCH) and Litecoin (LTC) rising 6.59% and 11.89%, respectively. The Meme sector rose 2.40%, with dogwifhat (WIF) and Popcat (POPCAT) rising 6.42% and 7.82%, respectively.It is worth mentioning that MAG7.ssi rose 1.56%, DEFI.ssi rose 1.26%, and MEME.ssi rose 1.68%.Other standout sectors include: the AI sector rose 2.05% in 24 hours, with Worldcoin (WLD), Fetch.ai (FET), and KAITO rising 8.52%, 8.70%, and 37.48%, respectively; the NFT sector rose 1.77%, with Pudgy Penguins (PENGU) rising 9.71%; the Layer1 sector rose 1.60%, with Cardano (ADA) rising 4.31%; the Layer2 sector rose 0.16%, with Stacks (STX) rising 10.43%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that ssiNFT, ssiAI, and ssiPayFi rose 3.32%, 3.26%, and 2.88% in 24 hours, respectively.In other sectors, the DePIN sector fell 0.18% in 24 hours, and the GameFi sector fell 0.22%.

ChainCatcher news, according to Binance market data, LAYER briefly fell below $1.75, currently reported at $1.7158, with a 24-hour decline of 42.08%.

ChainCatcher news, according to GMGN data, may be affected by the news of "crypto KOL Zerebro co-founder Jeffy Yu's suspected death," with LLJEFFY experiencing a short-term drop of over 50%, currently valued at 20.65 million USD.

ChainCatcher news, according to analysis by The Kobeissi Letter, two key indicators of US tech stocks have hit recent lows: the ratio of US tech stocks to global tech stocks has fallen to 1.6 points, the lowest in 18 months; the ratio of US tech stocks to non-tech sectors has dropped to 1.5 points, also a new low in 18 months.The decline in these two indicators has exceeded that during the bear market of 2022. Year-to-date, the Nasdaq 100 index has declined about twice as much as the S&P 500 (excluding information technology).

ChainCatcher news, according to CoinDesk, Strategy recorded a $5.9 billion impairment in the first quarter due to the decline in Bitcoin prices, reporting a loss of $4.2 billion, or $16.49 per share. The company announced a new $21 billion public market common stock issuance plan and has raised its BTC yield target from 15% to 25%, and its BTC dollar revenue target from $10 billion to $15 billion.As of April, the company holds a total of 553,555 Bitcoins, with a purchase cost of $37.9 billion, averaging $68,459 per coin. The company stated, "Our capital market strategy continues to grow Bitcoin holdings while delivering exceptional value to shareholders."

ChainCatcher news, according to CoinDesk, JPMorgan analyst Kenneth Worthington predicts that Robinhood (HOOD) may struggle to sustain its record cryptocurrency trading revenue in the fourth quarter of 2024, with a potential decline in digital asset trading volume in the first quarter of 2025. The trading platform is set to announce its first-quarter financial results after the market closes on May 1, Eastern Time.The report shows that Robinhood's cryptocurrency trading revenue surged 700% in the fourth quarter of last year, driving a significant increase in overall trading revenue. However, due to the dual impact of a stock and bond market downturn in the later part of the first quarter and a correction in the cryptocurrency market, it is expected that the trading volume for that quarter will drop from $71 billion in the fourth quarter to $52 billion. The assets under custody (AUC) are expected to decline by 5% quarter-over-quarter to $183.3 billion, but still show a year-over-year growth of 41%.Although retail buying was stimulated by U.S. tariff policies in early April, analysts believe this is unlikely to reverse the downward trend in the first quarter. Weak demand for margin and derivatives trading may further drag down performance. JPMorgan maintains a "neutral" rating, lowering the target price by $1 to $44, implying about a 10% downside from the current stock price of $49.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, the previously "shorting to going long" ETH whale has once again borrowed 7 million USDC in the past 10 minutes to buy 3,974 ETH at an average price of $1,759.25.Currently, he has collateralized a total of 14,020 ETH and borrowed 12 million USDC, with an average buying price of $1,805, of which 6,736 were bought with borrowed coins, resulting in a health ratio of 1.71. Previously, it was reported that this whale shorted to go long, and after a stop loss of $50,000, he fully bought 7,289 ETH.

ChainCatcher news, according to Jinshi reports, the U.S. Conference Board Leading Economic Index for March recorded -0.7%, the largest decline since October 2023.The Leading Economic Index is a forward-looking indicator system used to predict changes in economic cycles, published by The Conference Board, and includes 10 economic variables that reflect future economic trends over the next 3-6 months through comprehensive data. When the index declines consecutively, it may indicate a risk of economic recession; conversely, it suggests signals of expansion.

ChainCatcher message, as investors weigh the latest trade developments in the U.S. and comments from Federal Reserve Chairman Powell, the recent sell-off of the dollar has paused. Trump stated that there has been "significant progress" in trade negotiations with Japan. Powell warned that tariffs could lead to higher inflation and noted that the Fed's obligation is to keep long-term inflation expectations "well anchored."Pepperstone strategist Michael Brown stated that the dollar still faces further declines due to the "prevailing atmosphere of broad sell-off of the U.S." However, the significant depreciation of the dollar in a short period may cause the "downward momentum to pause."

ChainCatcher message indicates that, according to SoSoValue data, the crypto market sector has seen a slight pullback, with the Layer2 sector leading the decline at 3.47%. Within this sector, Celestia (TIA) and Movement (MOVE) dropped 7.38% and 12.28% respectively over the past 24 hours. The SocialFi sector remained relatively strong, rising by 1.08%, with Toncoin (TON) increasing by 1.24%.In other sectors, the Layer1 sector rose by 0.78%, with Solana (SOL) and Hyperliquid (HYPE) increasing by 3.25% and 4.32% respectively; the CeFi sector rose by 0.52%, with LEO Token (LEO) and Bitget token (BGB) increasing by 1.29% and 1.60% respectively; the Meme sector rose by 0.25%, with Fartcoin (FARTCOIN) increasing by 3.80%; the PayFi sector rose by 0.52%, with Bitcoin Cash (BCH) and Ultima (ULTIMA) increasing by 3.45% and 3.91% respectively; the DeFi sector fell by 0.58%, although Raydium (RAY) rose by 3.08%.Additionally, the crypto sector indices reflecting historical market trends show that the ssiSocialFi, ssiMAG7, and ssiCeFi indices rose by 0.75%, 0.48%, and 0.41% respectively over the past 24 hours, with the ssiMAG7 achieving a weekly return rate of 5.26%.

ChainCatcher news, Federal Reserve Chairman Powell stated that there is currently no modern experience to deal with such high tariffs. The market is digesting the current situation regarding the decline in the stock market and U.S. Treasury yields, and it is expected that market volatility will continue. (Jin Ten)

ChainCatcher news, CoinDesk analyst Omkar Godbole stated that against the backdrop of the continued decline of the 50-day and 100-day simple moving averages (SMA), all of this serves as a reminder for bulls to remain cautious. If the price breaks below the hourly support level of $83,000, it will confirm the development of a bearish trend, potentially triggering a pullback targeting the recent low of around $75,000.Meanwhile, if the daily closing price (UTC) can stay above $86,000, it may indicate the continuation of the rebound trend.

ChainCatcher news, LD Capital founder Jack Yi posted on the X platform stating that current Web3 investors are facing multiple dilemmas.The reasons for the decline of Web3 investors are as follows:First, the changes in lock-up rules, where investors generally face a strict lock-up period of "1+3", while exchanges, project parties, market makers, and KOLs are not subject to these restrictions;Second, the low success rate of investments, where even if 1 out of 5 projects succeeds in going public, the return must exceed 10 times to cover costs, and based on the current market capitalization of listed projects, this goal is difficult to achieve at the time of unlocking;Third, the "triangle dilemma" of "good projects, low valuations, and large amounts" that investors cannot have all at once.He also pointed out that many investors ultimately only receive a fraction of the amount, which not only may lead to financial losses but also poses a reputational risk.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market is experiencing a weak rebound, with the SocialFi sector rising 2.39% in the last 24 hours. Among them, Toncoin (TON) and Galxe (GAL) increased by 3.05% and 3.08%, respectively. Additionally, the RWA sector fell by 3.59%, and within this sector, due to the ongoing MANTRA incident, its native token OM dropped another 32.74% in 24 hours.Meanwhile, the crypto sector index reflecting the historical performance of the sectors shows that the ssiSocialFi index rose by 2.20% in the last 24 hours, while the ssiRWA index fell by 4.04%.In other sectors, the NFT sector rose by 1.36% in 24 hours, with Moca Coin (MOCA) and Animecoin (ANIME) increasing by 6.34% and 29.33%, respectively; the AI sector rose by 0.28%, with Render (RENDER) increasing by 3.80%; the CeFi sector rose by 0.15%, with Hyperliquid (HYPE) increasing by 3.54%; the PayFi sector rose by 0.10%, with Monero (XMR) increasing by 3.87%; the Layer1 sector fell by 0.08%, the Layer2 sector fell by 0.68%, the DeFi sector fell by 0.71%, and the Meme sector fell by 2.07%, but Fartcoin (FARTCOIN) rose against the trend by 6.82%.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has experienced a widespread decline. Notably, the native token of MANTRA, OM, has plummeted by 85.56%, leading to a 24-hour drop of 44.93% in the RWA sector. The official response from MANTRA stated that the decline was caused by "disorderly liquidation" rather than the actions of the project team. Meanwhile, the cryptocurrency sector index reflecting the historical market performance shows that the ssiRWA index has dropped by 48.90% in the last 24 hours.Additionally, Bitcoin (BTC) has decreased by 1.41% in the last 24 hours, briefly falling below $84,000. Ethereum (ETH) is down by 0.25%, but remains above $1,600.In other sectors, the PayFi sector has dropped by 1.12% in the last 24 hours, while Bitcoin Cash (BCH) and Litecoin (LTC) have risen by 6.18% and 2.12%, respectively. The Layer1 sector has decreased by 1.47%, with TRON (TRX) rising against the trend by 4.18%. The CeFi sector has fallen by 1.65%, and the Meme sector has dropped by 1.82%, although Pepe (PEPE) has shown resilience, increasing by 3.39% in 24 hours. The Layer2 sector has decreased by 2.92%, and the DeFi sector has fallen by 3.05%, but Uniswap (UNI) and Sky (SKY) have risen by 2.20% and 2.54%, respectively.

ChainCatcher news, according to Jin10 data, the U.S. March PPI monthly rate is -0.4%, expected 0.20%, and the previous value has been revised from 0.00% to 0.1%, marking the largest decline since October 2023.

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 message, according to SoSoValue data, Trump's "reciprocal tariff" policy takes effect today. In response to this policy, panic sentiment is spreading in the crypto market, with the crypto sector experiencing a general decline of about 3% to 10% over the past 24 hours. Among them, Ethereum (ETH) has dropped 9.57% in the last 24 hours, briefly falling below $1400, marking the lowest point since March 2023. Bitcoin (BTC) fell by 5.47%, dipping below $75,000 at its lowest.In other sectors, the CeFi sector declined by 2.59% in the last 24 hours, but LEO Token (LEO) remained relatively strong, rising by 0.87%; the Layer1 sector fell by 4.32%, with Solana (SOL) and Cardano (ADA) dropping by 7.02% and 7.30%, respectively; the Layer2 sector decreased by 6.20%, the DeFi sector fell by 6.48%, the PayFi sector dropped by 6.67%, and the Meme sector declined by 7.31%.The crypto sector indices reflecting historical market trends show that the ssiAI, ssiMeme, and ssiDeFi indices fell by 7.64%, 7.37%, and 7.30% respectively over the past 24 hours.

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.