ChainCatcher news, a certain NFT trader purchased CryptoPunk 3100 for 4500 ETH (approximately 16.03 million USD) a year ago. Eight hours ago, he sold it for 4000 ETH (approximately 6.08 million USD), incurring a loss of 9.95 million USD.

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, traders have increased their bets on the Federal Reserve cutting interest rates by a full percentage point before the end of the year.

ChainCatcher news, according to Jinshi reports, traders have increased their bets on the Federal Reserve cutting interest rates by one percentage point before the end of the year.

ChainCatcher news, according to Jinshi reports, after the release of the US CPI data, US short-term interest rate futures rose, and traders increased their bets on the Federal Reserve cutting interest rates.

ChainCatcher message, according to on-chain analyst Lookonchain monitoring, a trader (@izebel_eth) opened long positions in Bitcoin and Ethereum on the Hyperliquid trading platform yesterday.The trader opened a 20x leveraged long position in Bitcoin at a price of $75,511 and a 25x leveraged long position in Ethereum at a price of $1,428.86, currently accumulating an unrealized profit of approximately $1.17 million.

ChainCatcher news, Bitget PoolX is about to launch the project BABY, with a total prize pool of 600,000 BABY.The locking channel will be open from April 10th 18:00 to April 13th 18:00 (UTC+8), details are as follows:BTC Locking Pool:Total airdrop amount: 600,000 BABYIndividual locking limit: 1 BTCIn addition, you can participate in the CandyBomb special event, where trading will share 622,000 BABY. The event will be open from April 10th 18:00 to April 17th 18:00 (UTC+8).

ChainCatcher news, interest rate futures currently show that traders now expect the Federal Reserve to start cutting rates three times this year, beginning in June. (Jin Shi)

ChainCatcher News, U.S. President Trump stated on Wednesday that the plan to significantly increase tariffs on most countries announced last week will be suspended for 90 days. Subsequently, traders significantly reduced their bets on the Federal Reserve starting to cut interest rates in May. Interest rate futures trading shows that traders now believe the likelihood of the U.S. starting to cut rates in June is much greater than in May. They still believe that the Federal Reserve will cut rates a total of four times by the end of this year. (Jin Ten)

ChainCatcher news, according to Jinshi reports, U.S. Trade Representative Greer stated that Trump's power to impose tariffs is not unlimited; U.S. companies will become more efficient when gaining access to overseas markets; it is expected that a few countries will open their markets to exports to the U.S., which will help in manufacturing products in the U.S.

ChainCatcher news, according to Jinshi reports, traders are now pricing in a potential Federal Reserve rate cut starting in June instead of May.

ChainCatcher news, according to Jinshi reports, traders believe that the possibility of the Federal Reserve starting to cut interest rates in May is over 60%.

ChainCatcher news, according to Jinshi reports, there are market rumors that the EU trade chief discussed parameters for reducing tariffs with the United States.

ChainCatcher news, according to Jinshi Data reports, Trump's reciprocal tariffs on dozens of countries officially took effect today, which is expected to deepen the risks of a global trade war, although he is prepared to negotiate with some countries. Trump's punitive tariffs have shaken the global trade order that has lasted for decades, raising concerns about an economic recession and leading to a significant decline in global stock markets.Since Trump announced the tariffs a week ago, the S&P 500 index has lost nearly $6 trillion in value, marking the largest four-day drop for the benchmark index since its inception in the 1950s. The index is now close to a bear market, having fallen 20% from its recent peak. After a brief respite, the sell-off in Asian markets resumed on Wednesday, including the Nikkei index, which fell more than 3% during the day, while the Korean KOSPI index dropped over 1% intraday.

ChainCatcher news, according to Bloomberg, under the backdrop of President Trump's insistence on increasing tariffs, has triggered a new round of digital asset sell-offs, further dimming hopes that a trade war might be avoided.On Wednesday, Ethereum fell more than 6%, hitting its lowest intraday level since March 2023, before recovering somewhat. Bitcoin, as the largest cryptocurrency, also dropped over 3%, but then rebounded.

ChainCatcher news, trader Eugene posted, "The introduction of global trade tariffs marks a change in the world order that has not been seen in over 50 years. Free trade has always been a key factor driving productivity and economic growth, contributing to the largest long-term bull market in history. The shift from openness to a protectionist stance will have profound effects, which will take years to gradually manifest, unless Trump completely abandons his tariff plans. I think the likelihood of that is very low. This will pose significant long-term resistance to global risk assets.In terms of cryptocurrency, the recent structural decline in active developers may be the most concerning thing. In the last cycle, we could observe developer activity and feel reassured because we knew our industry was still benefiting from long-term tailwinds. Fast forward 2-3 years later, and we have not produced anything particularly interesting or important, and the outlook for the future is even worse than it was then.In the last cycle, we looked forward to the launch of ETFs and a better regulatory environment under government support for cryptocurrencies as a light at the end of the tunnel. Now that these have been realized, but (once again) have failed to meet expectations, I see no future that can free cryptocurrency from its inherent 'Ouroboros' (self-circling, self-consuming dilemma).In the coming weeks to months, I hope to reduce operations in the cryptocurrency space, whether bullish or bearish, as I believe this is the wisest choice. Being a believer waiting for a new bull market is no longer contrarian thinking. However, starting to explore new greenfields (undeveloped areas) is indeed contrarian.For me, the only bright spot is that the use cases and global acceptance of Bitcoin are stronger than ever, which may encourage believers to continue hoarding Bitcoin and achieve decent returns (I hope so). The idea of Bitcoin reaching $1 million per coin by 2035 is not a fantasy in my view."

ChainCatcher news, U.S. Trade Representative Jamison Greer stated that Trump has consistently made it clear that there will be no tariff exemptions in the near future.

ChainCatcher news, according to Jinshi reports, U.S. Trade Representative Jamison Greer stated that many countries have indicated they will not take retaliatory measures, and some countries have already lowered tariffs.