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 news, according to SoSoValue data, Trump announced a suspension of tariffs and a reduction in tax rates for multiple countries. As a result, the cryptocurrency market rebounded across the board, with the crypto sector generally rising about 4% to 15% over 24 hours. Among them, the AI sector led with a rise of 15.82%, with Bittensor (TAO), Fetch.ai (FET), and Render (RENDER) increasing by 15.52%, 15.79%, and 16.71% respectively in 24 hours. Additionally, Ethereum (ETH) rose by 13.77%, breaking through the $1600 mark. Bitcoin (BTC) increased by 7.94%, briefly surpassing $83,000.It is worth mentioning that MAG7.ssi rose by 11.24%, DEFI.ssi rose by 15.92%, and MEME.ssi rose by 13.44%.In other sectors, the DeFi sector rose by 12.43% over 24 hours, with Ondo Finance (ONDO) increasing by 23.87%; the PayFi sector rose by 12.26%, with XRP increasing by 14.13%; the Meme sector rose by 11.87%, with Dogecoin (DOGE) rising by 12.48%; the Layer2 sector rose by 8.91%, with ex-MATIC (POL) increasing by 10.72%; the Layer1 sector rose by 8.52%, with Solana (SOL) and Cardano (ADA) rising by 12.72% and 12.56% respectively; the CeFi sector rose by 5.89%, with Hyperliquid (HYPE) increasing by 16.09%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiAI, ssiDeFi, and ssiRWA indices rose by 16.27%, 13.79%, and 12.97% respectively over 24 hours.

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 message indicates that, according to SoSoValue data, the crypto market has generally rebounded after a decline yesterday, with the AI sector leading the way with a rise of 7.62%. Within this sector, Render (RENDER), Bittensor (TAO), and Fartcoin (FARTCOIN) have increased by 9.39%, 12.85%, and 27.69% respectively over the past 24 hours.Additionally, Bitcoin (BTC) experienced significant volatility, dropping below $75,000 before briefly rising above $81,000, with a 24-hour increase of 1.97%. Ethereum (ETH) rose by 0.32%, returning above $1,600.In other sectors, the SocialFi sector increased by 6.96% over the past 24 hours, with:Toncoin (TON) rising by 7.77%;The DeFi sector rising by 4.07%, with Chainlink (LINK), Ondo Finance (ONDO), and Sky (SKY) increasing by 5.05%, 5.22%, and 10.03% respectively;The Layer2 sector rising by 3.44%, with ex-MATIC (POL) and Celestia (TIA) increasing by 5.48% and 6.44% respectively;The Meme sector rising by 2.78%, with Dogecoin (DOGE) and Pepe (PEPE) increasing by 3.22% and 4.94% respectively;The Layer1 sector rising by 2.47%, with Solana (SOL) increasing by 5.54% and Hyperliquid (HYPE) rising by 17.21%;The CeFi sector rising by 0.81%, and the PayFi sector rising by 0.17%.Meanwhile, the crypto sector indices reflecting historical market trends show that the ssiAI, ssiSocialFi, and ssiRWA indices have increased by 8.38%, 6.82%, and 5.38% respectively over the past 24 hours.

ChainCatcher message indicates that based on SoSoValue data, under the market panic triggered by "peer-to-peer tariffs," the cryptocurrency market has suffered a heavy blow, with a total market capitalization decrease of 8.18%. The cryptocurrency sector has generally seen a decline of about 4% to 12% over the past 24 hours, with Ethereum (ETH) dropping 11.71% in 24 hours, falling below the $1600 mark and erasing gains made over the past 18 months. Bitcoin (BTC) fell by 5.11%, briefly dropping below $78000 during trading.In other sectors, the CeFi sector dropped 4.95% in 24 hours, with Hyperliquid (HYPE) down 9.30%; the Layer1 sector fell by 7.74%, with Solana (SOL) and Cardano (ADA) down 10.95% and 10.46% respectively; the Layer2 sector decreased by 8.92%, the PayFi sector fell by 9.75%, and XRP dropped by 10.04%; the DeFi sector declined by 10.27%, with Chainlink (LINK) and Uniswap (UNI) down 11.41% and 11.91% respectively; the Meme sector fell by 10.35%.Additionally, the cryptocurrency sector indices reflecting historical performance show that ssiDeFi, ssiMeme, and ssiSocialFi fell by 11.26%, 10.49%, and 10.27% respectively in 24 hours.

ChainCatcher news, OKX President Hong was invited to attend the "2025 Hong Kong Web3 Carnival" summit, where she delivered a keynote speech titled "Learning to Lead Responsibly in Innovation" at the main forum. She shared how OKX Web3 leads innovation responsibly across multiple dimensions, including philosophy, governance, transparency, infrastructure, knowledge, and technology.Hong stated that the achievements of the OKX Web3 wallet today are based on a comprehensive set of factors, including at least 3 to 5 years of effort, time accumulation, and technological frameworks. Security, interoperability, and usability are the three things we focus on the most. Especially in terms of security, we have recently launched suspicious "black address" identification and monitoring, among other measures, to identify bad actors, while also providing developer tools. She emphasized that OKX Web3 does not seek to be number one this year, does not aim for the top ranking in specific markets, and does not seek to make money in specific months or years. What we want is to participate in the industry long-term, build a sustainable and constructive infrastructure, contribute positively, and bring value to participants.

ChainCatcher news, according to 4E monitoring, Trump announced last night the implementation of reciprocal tariffs, adopting a dual-track system that combines "benchmark tariffs" and "one country, one tax rate," with rates exceeding market expectations. The U.S. stock market was initially optimistic due to the 10% benchmark tariff being lower than expected, with major indices closing up. However, after the specific high tax rates were announced, investors became concerned about the escalating risks of a global trade war, which could drag the U.S. economy into recession, leading to panic selling after hours, with stock index futures plummeting. As of the time of writing, S&P 500 futures were down over 2.79%, Nasdaq futures fell over 2.65%, and Dow futures dropped more than 1.9%.The cryptocurrency market fell across the board. Initially buoyed by optimistic sentiment regarding tariffs, global risk assets generally rose, with Bitcoin briefly soaring to $88,500. However, as more details were released, market sentiment turned sharply negative, and Bitcoin plummeted to yesterday's low, returning to around $83,000, with a 24-hour decline of over 1.8%. Ethereum fell from $1,957 to below $1,800. Most sectors in the market declined, with the Meme sector experiencing significant losses.In the forex and commodities market, the dollar fell throughout the day, down 0.65%; during the U.S. trading session, oil and gas prices rose, but after the tariff announcement, crude oil futures prices dropped by 1.0%; safe-haven sentiment drove gold prices to new highs, with London spot gold reaching $3,157, up about 0.7%.After Trump announced comprehensive new tariffs on 185 countries, U.S. stock index futures and major cryptocurrencies plummeted, triggering turmoil in global markets and widespread risk aversion. The scale and unpredictability of the tariffs have quickly shifted investors' focus to macroeconomic headwinds, prompting the market to reassess inflation trajectories, growth risks, and policy responses for the second quarter.

ChainCatcher news, Trump announced a comprehensive tariff rate of 10%, lower than market expectations, leading to a broad rally in risk assets. The Nasdaq futures rose more than 2% after hours in the US stock market, the DXY dollar index briefly fell by 50 points, and Bitcoin surged over $1500 in a short time. Spot gold initially fell and then rose. (Jin Shi)

ChainCatcher message, according to SoSoValue data, yesterday (Eastern Time April 1) the total net outflow of Bitcoin spot ETFs was $158 million.The Bitcoin spot ETF with the highest net inflow yesterday was Bitwise ETF BITB, with a net inflow of $24.5254 million, and the historical total net inflow of BITB has reached $2.019 billion.The second was Franklin Bitcoin ETF EZBC, with a net inflow of $7.3883 million, and the historical total net inflow of EZBC has reached $245 million.The Bitcoin spot ETF with the highest net outflow yesterday was the ETF ARKB from Ark Invest and 21Shares, with a net outflow of $87.3727 million, and the historical total net inflow of ARKB has reached $2.522 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $95.448 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 5.64%, with a historical cumulative net inflow of $36.016 billion.

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market has seen a slight increase, with ETH rising 3.63% in 24 hours, briefly breaking through $1900. BTC increased by 2.96%, returning above $85000. Additionally, the AI sector rose by 2.60% in 24 hours, with Render (RENDER), Fartcoin (FARTCOIN), and ai16z (AI16Z) increasing by 5.89%, 11.31%, and 11.18% respectively.In other sectors, the Meme sector rose by 2.15% in 24 hours, with Dogecoin (DOGE) and Pepe (PEPE) increasing by 1.97% and 2.05% respectively; the RWA sector increased by 2.08%, with Maker (MKR), Ondo Finance (ONDO), and Pendle (PENDLE) rising by 4.47%, 5.24%, and 6.89% respectively; the PayFi sector rose by 1.34%, and the DeFi sector increased by 1.24%, with Ethena (ENA) and Sky (SKY) rising by 4.46 and 4.75% respectively; the Layer1 sector increased by 0.91%, with Sui (SUI) rising by 3.07%; the CeFi sector rose by 0.50%, with Cronos (CRO) increasing by 4.71%.Furthermore, the Layer2 sector fell by 0.41% in 24 hours, and the recently high-performing SocialFi sector experienced a correction, dropping by 2.29% in 24 hours.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI and ssiMeme indices rose by 3.16% and 2.92% respectively in 24 hours.

ChainCatcher news, the U.S. Department of Justice seeks the death penalty for suspect Luigi Nicholas Mangione, accused of murdering the CEO of UnitedHealth (UNH.N).After the news was released, the meme coin named after Luigi Nicholas Mangione, Luigi, briefly surged over 350% before retreating, currently priced at $0.0052678, with a market cap rising to $5.3 million.

ChainCatcher news, Nomad Capital managing partner Erick Zhang tweeted, "The unlocked amount is not equivalent to the circulating amount. Many project teams claim the token unlocked amount as the circulating amount, falsely reporting the circulating market value, which leads to data platforms displaying incorrect data and misguiding investors. It is recommended that investors check on-chain data themselves to derive the correct market value. Taking the BTCfi project Corn as an example, its actual circulating amount is only at most 3%, corresponding to a market value of about 3 million dollars, rather than the 25% circulating amount displayed on the project team's website. Coingecko also simply shows the 25% circulating amount reported by the project team, thus incorrectly displaying a market value of 30 million dollars."

ChainCatcher message, according to SoSoValue data, the net inflow of Bitcoin spot ETFs for the last trading week (Eastern Time from March 24 to March 28) was $196 million.The Bitcoin spot ETF with the highest net inflow last week was Blackrock's Bitcoin ETF IBIT, with a weekly net inflow of $172 million, bringing the historical total net inflow of IBIT to $39.95 billion. The second was Fidelity's Bitcoin ETF FBTC, with a weekly net inflow of $86.84 million, and the historical total net inflow of FBTC currently stands at $11.47 billion.The Bitcoin spot ETF with the highest net outflow last week was Ark Invest and 21Shares' Bitcoin ETF ARKB, with a weekly net outflow of $40.97 million, while the historical total net inflow of ARKB is $2.63 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $94.39 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 5.68%, and the historical cumulative net inflow has reached $36.24 billion.

ChainCatcher message, Bloomberg Intelligence commodity strategist Mike McGlone posted on the X platform analyzing whether Ethereum might drop to the $1000 level like it did in 2020. He believes that the market should now focus on ETH price trends, as there is a clear correlation between the price of ETH and other risk assets in the market. If stocks in the S&P 500 continue to be weak, ETH may decline further.At the same time, Mike McGlone believes that a return to the $2000 level for ETH could indicate the direction for risk assets. However, if Bitcoin fails to stabilize its price growth, it may exacerbate losses for altcoins, especially leading altcoins, which will continue to weaken, potentially causing ETH to fall back to the $1000 price level later this year.

ChainCatcher news, the ETH/BTC exchange rate has reached its lowest level in nearly five years, with some investors even calling ETH a "completely dead" investment. Nic Carter, a partner at Castle Island Ventures, believes that "ETH is dying by its own hand," as L2 is too greedy, leading to a decline in Ethereum's trading activity, user growth, and fees/revenue. Ethereum can be seen as a practical network, but it is "absolutely not" an investment.

ChainCatcher news, Taiwan is becoming a benchmark for cryptocurrency regulation in the Asia-Pacific region. The Financial Supervisory Commission (FSC) of Taiwan has released a draft of new regulations requiring all Virtual Asset Service Providers (VASP) to complete registration by the end of September. This policy marks Taiwan's transition from "self-regulatory supervision" to "rule-based supervision," aligning with frameworks in the EU, Japan, and other regions.In this context, JuCoin, as a service-oriented cryptocurrency exchange, is the first to initiate the compliance process in the Taiwanese market: officially applying for a regulatory license, building a KYC system, and committing to invest 200 million TWD to empower the Taiwanese community.JuCoin announced that if the number of Taiwanese users exceeds 100,000, it will invest 200 million TWD to launch the "Taiwan Web3 Accelerator" program, which includes four main components: developer support fund, inclusive education program, node co-construction incentives, and cultural IP incubation.Since its inception in 2013, JuCoin has always adhered to its original intention of "Driven. Focused. Successful." "The Taiwanese community is not only users but also ecosystem builders," emphasized JuCoin's global strategic partner. "The 200 million TWD is just the starting point; in the future, we will bring in group resources to create a Taiwanese version of 'Web3 Silicon Valley.'"