stocks

4E: Cryptocurrency concept stocks soar before the market opens, MicroStrategy rises over 10%

According to ChainCatcher news, Trump's team is reportedly discussing the establishment of a new position in the White House specifically responsible for cryptocurrency policy. This comes on top of previous reports that the Trump Media Group is negotiating to acquire the cryptocurrency trading company Bakkt, which has led to increased optimism about the prospects of the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged in pre-market trading, with MicroStrategy rising over 10%. As of the time of publication, Bitcoin is priced at $97,530, approaching the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, while Ethereum and altcoins generally declined.U.S. stock index futures fell across the board. As of the time of publication, Dow futures were down 0.15%, Nasdaq 100 futures were down 0.40%, and S&P 500 futures were down 0.29%.On Thursday, the Hong Kong stock market closed lower, with the Hang Seng Index down 0.53%, the National Enterprises Index down 0.79%, and the Hang Seng Tech Index down 1.24%. Market sentiment was generally weak. However, as Bitcoin approached $100,000 and continued to set new highs, cryptocurrency concept stocks performed actively, with BlueFocus Interactive rising over 54%, Boyaa Interactive rising nearly 17%, and OSL Group rising nearly 2%.

4E: Tensions escalate between Russia and Ukraine, U.S. stocks fluctuate, Bitcoin hits a new high

ChainCatcher news, on Tuesday the market's attention was focused on the Russia-Ukraine situation. On the 1000th day of the Russia-Ukraine conflict, Russia's new policy has lowered the threshold for using nuclear weapons, causing global financial markets to be on edge, although the overall reaction has been relatively limited.According to 4E monitoring, U.S. stocks experienced a rollercoaster ride, initially declining due to heightened tensions in the Russia-Ukraine situation as investors panicked and turned to safe-haven assets. U.S. stocks collectively fell, but later, as the U.S. responded that there was no reason to adjust its nuclear posture or strategy, the market shook off concerns about nuclear war escalation. Ultimately, only the Dow Jones fell, while the S&P 500 rose slightly, and the Nasdaq gained 1%, with most large tech stocks rising, led by Nvidia with an increase of nearly 5%.The U.S. is embracing cryptocurrency more closely, as pro-crypto candidates are set to lead the U.S. Department of Commerce, ETF options are being listed, and the Trump Media Group is in deep negotiations to acquire the cryptocurrency platform Bakkt. Bitcoin reached a new high, peaking at $93,905, before slightly retreating to $91,900 at the time of writing. The rise in Bitcoin attracted a significant amount of liquidity, while altcoins generally fell.In the forex commodities sector, the U.S. dollar index rose on Tuesday, initially boosted by geopolitical tensions, with safe-haven currencies like the dollar, Swiss franc, and yen gaining traction. However, this boost weakened after comments from Russian and U.S. officials. Spot gold rose nearly 2%, continuing the upward trend from the previous trading day, marking the third consecutive day of gains. Geopolitical tensions supported oil prices, which saw a slight increase on Tuesday.The current market is focused on Nvidia's earnings report on Wednesday. With Nvidia's market capitalization having grown to approximately $3.5 trillion, the expected volatility in its market cap post-earnings is close to the largest ever and will impact U.S. stocks. Additionally, this week investors are also closely watching the cabinet nominations of the Trump administration. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, gold commodities, and forex, recently launching a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential safe-haven options. 4E reminds you to be aware of market volatility risks and to allocate assets reasonably.

4E: Powell suppresses interest rate cut expectations, U.S. stocks hit the largest weekly decline in two months, market sentiment declines

ChainCatcher news: After a strong surge following the election, market sentiment has somewhat cooled last week. Federal Reserve Chairman Powell seems intent on slowing down interest rate cuts, which has dampened the excitement generated by the "Trump trade."According to 4E monitoring, the three major U.S. stock indexes continued to weaken after reaching new highs on Monday. On Friday, a significant cut in interest rate expectations put pressure on the stock market, causing it to decline across the board. The S&P 500 index fell 2% over the past five trading days, erasing half of its gains since the election. The Dow Jones Industrial Average dropped 1.24% this week, while the Nasdaq Composite fell 3.15%, marking its largest weekly decline since September.Bitcoin, after breaking through $93,000 on Wednesday to set a new all-time high, began to consolidate amid the pullback in U.S. stocks but showed resilience. It is currently trading in a narrow range around the $90,000 mark. As of the time of writing, Bitcoin is priced at $90,799, with a 7-day increase of nearly 12%. Other altcoins followed Bitcoin's fluctuations, with SOL benefiting from the MEME frenzy, demonstrating strong rebound and upward momentum.In the commodities market, the cooling of interest rate cut expectations from the Federal Reserve has led to a continued strengthening of the dollar, reaching its highest level in over a year. The dollar index rose 1.6% last week and has increased for seven consecutive weeks. The strong dollar continues to pressure commodities, with spot gold falling about 4.6% last week, marking its largest weekly decline in three years, and retreating nearly 9.3% from its historical high. U.S. oil fell nearly 5%, while Brent crude dropped nearly 4%.Current market focus is on inflation concerns following the Trump administration's rise and the Federal Reserve's more hawkish outlook. Powell's speech on Thursday essentially indicated that Fed officials do not need to rush into rate cuts, leading traders to significantly reduce their rate cut expectations. The retreat in sentiment and uncertainty in monetary policy have increased upward resistance in the market. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: U.S. stocks recorded their best weekly performance of the year, with attention this week on U.S. CPI data and Powell's speech

ChainCatcher news, last week the "Trump Trade" created a stir in the market. Trump's return to the White House and the Republican Party's potential landslide victory in Congress, along with the Federal Reserve's expected 25 basis point rate cut, have settled two major risk events, driving a significant rebound in the financial markets.According to 4E monitoring, U.S. stocks surged rapidly, with all three major indices hitting new highs last week, and the Dow Jones and S&P 500 recorded their best weekly performance of the year. Specifically, the S&P 500 index rose 4.66% over the week, the Dow gained 4.61%, and the Nasdaq increased by 5.74%. Tesla soared to a new high since April 2022, with a weekly gain of 29.01%, pushing its market cap above $1 trillion. Nvidia briefly surpassed Apple to become the world's most valuable company, with a weekly increase of 9.03%. The total market capitalization of the seven tech giants grew by nearly $94 billion over the week.Benefiting from Trump's support for cryptocurrencies and the prospect of pro-crypto lawmakers in Congress, Bitcoin broke through the $80,000 mark, setting a new historical high. As of the time of publication, it was at $81,635, with a 7-day cumulative increase of over 18%. Ethereum was reported at $3,207, with a 7-day cumulative increase of over 30%. Altcoins collectively surged, generally outperforming the market, boosting market sentiment.In the forex commodities sector, the U.S. dollar index rose last week, with a cumulative increase of 0.6% over six consecutive weeks, while non-U.S. currencies were generally under pressure. Oil prices experienced significant fluctuations over the week; early in the week, OPEC+ announced another delay in production increases, causing oil prices to rise sharply. However, U.S. EIA crude oil supplies hit a new high since August, dragging down the weekly oil price gains, with Brent crude rising 1.09% for the week. Spot gold fell 1.85% over the week due to a stronger dollar and the Federal Reserve's indication of an open attitude towards pausing rate cuts.With the U.S. elections concluded, investors will now refocus on the outlook for monetary policy and corporate earnings, continuing to assess the impact of Trump's policy expectations. This week, many Federal Reserve officials will speak, and the latest U.S. CPI data, PPI data, and retail sales figures will serve as important references for investors to gauge the health of the U.S. economy and the extent of the Federal Reserve's rate cuts in 2025. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launching a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
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