ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell faces a tricky task this week, needing to assure investors that the economic fundamentals remain solid while also conveying that policymakers are ready to intervene if necessary during Thursday's interest rate decision. As Powell praises the resilience of the U.S. economy, it coincides with Trump rapidly escalating the trade war, causing unease and leading to a significant decline in U.S. stocks over the past month. With growing concerns about the economic outlook, consumer confidence is declining, and bond yields are also falling. Dominic Konstam, head of U.S. macro strategy at Mizuho Securities, stated, "Powell needs to send some signal that they are paying attention to the stock market. Officials cannot ignore the recent declines."Economists widely expect the Federal Reserve to cut rates twice this year. Some investors warn that if officials continue to signal only two rate cuts by 2025, it becomes even more necessary for the Fed chairman to emphasize that the Fed is willing to adjust borrowing costs if there are issues in the labor market. James Ace, a portfolio manager at Marlborough Investment Management, said, "The Fed may marginally improve or worsen the situation. But clearly, they cannot fully reassure the market, as the blow to market sentiment mainly comes from the White House." Aside from issuing escalating and changing tariff threats to trading partners, the Trump administration has not taken many measures to mitigate the risk of economic recession.

ChainCatcher news, according to Cointelegraph, securities regulators in Alberta and New Brunswick, Canada, have warned that crypto scammers are exploiting trade war panic by using fake news articles and images of government figures to profit.The Alberta Securities Commission stated in a warning on March 7 that a crypto investment scam named "CanCap" has been impersonating news articles from the Canadian Broadcasting Corporation (CBC) and falsely claiming endorsement from then-Prime Minister Justin Trudeau. The regulator said, "The false articles claim that the Prime Minister is responding to U.S. tariffs and supports an investment plan involving digital currency."The New Brunswick Financial and Consumer Services Commission also warned on March 5 that CanCap used fake news articles claiming that New Brunswick Premier Susan Holt supports the platform, including fabricated interview records with Holt and altered photos with CBC.Regulators noted that scammers are increasingly exploiting current events to prey on the fears of potential victims and are using artificial intelligence to forge endorsements and generate content to make the scams appear legitimate.They added that scammers can quickly change the names and appearances of their schemes, having already used names like "CanCentra" and "Immediate Flectinium," linking them to at least six other different domain websites.

ChainCatcher news, according to Jin10, Deutsche Bank's economic team holds the most hawkish view on the Federal Reserve's policy for 2025 on Wall Street, predicting that the Fed will not cut interest rates this year. While this remains the team's official stance, Chief U.S. Economist Matthew Luzzetti acknowledged that the impact of Trump's new tariffs could jeopardize this forecast."You have certainly started to see some negative effects of trade uncertainty in the economic data," Luzzetti said, "If this impact broadens and is reflected in weak labor market data, the Fed may cut rates this year." However, Luzzetti stated that Deutsche Bank wants to see how long the tariffs will last before changing its forecast for the Fed.

ChainCatcher news, according to CoinDesk, the China-U.S. trade war has escalated again. China announced a 15% tariff on U.S. imports of wheat, corn, cotton, and chicken, while imposing an additional 10% tax on sorghum, soybeans, pork, beef, seafood, fruits, and vegetables, expected to take effect from March 10. This move comes after U.S. President Trump announced an increase in tariffs on Chinese imports to 20%. Additionally, Trump confirmed that a 25% tariff will be imposed on goods from Mexico and Canada.This tax increase has triggered risk aversion in the market, affecting both the stock and cryptocurrency markets. As of the time of writing, the price of Bitcoin (BTC) is approximately $84,200, down 2% from the previous day.

ChainCatcher news, Mechanism Capital partner Andrew Kang stated on social media that if China really starts a trade war with the U.S., Ethereum will drop back to the $2200-2400 range.Just now, the Tariff Commission of the State Council of China announced that starting from February 10, 2025, additional tariffs will be imposed on certain imported goods originating from the United States. A 15% tariff will be imposed on coal and liquefied natural gas, while a 10% tariff will be imposed on crude oil, agricultural machinery, large-displacement vehicles, and pickup trucks.

ChainCatcher news, according to an analysis by Santiment, due to a significant drop in global stock markets this week, the cryptocurrency market has also seen a decline. Public opinion seems to attribute the crash to "Trump's trade war." Whether this is the main reason or if there are other factors, the reaction from traders in the cryptocurrency community has been very negative.Currently, BTC has rebounded to the $96,000 range, and it may not be over yet. However, is this surge intended to prompt "aggressive" retail traders to sell when the local bottom is reached? Historically, the market almost always moves in the opposite direction of public expectations, and there may be buying opportunities when most traders are skeptical about cryptocurrencies.

ChainCatcher news, QCP Capital's latest analysis points out that the first round of trade policies from the Trump administration has triggered significant volatility in global markets. The yield curve for government bonds has entered a bear flattening phase—2-year yields are rising while 10-year yields are falling, indicating market concerns about short-term inflation and the long-term risks of the trade war on global economic growth.The gold price spread between New York and London has widened, reflecting not only the closure of popular EFP arbitrage trades but also suggesting that the transfer of gold between different vaults may face logistical challenges, reminding the market of the uncertainty that tariffs may further expand.The cryptocurrency market has experienced a severe sell-off. As a risk indicator before the opening of the U.S. market, the cryptocurrency market saw nearly $2 billion in liquidations, with ETH declining more than BTC. Analysts believe that today's risk-averse sentiment is primarily driven by cross-asset portfolio rebalancing rather than a single asset event. Market volatility is expected to continue ahead of negotiations between Trump and Canada/Mexico and the implementation of EU tariff policies.

According to Bloomberg, the cryptocurrency market has been severely impacted following Trump's announcement of new tariffs. Specifically, BTC fell by 4.3% in trading last Sunday, ETH dropped by 8%, and the sell-off of altcoins was even more intense, with DOGE declining by around 14%, while altcoins like XRP, ADA, AVAX, and LINK all fell by more than 10%.Caroline Bowler, CEO of BTC Markets, stated: Trump's tariff policy is affecting the entire market, and concerns about a recession triggered by the trade war and stagflation are spreading to the altcoin and Bitcoin markets.According to a U.S. official, Trump is imposing a 25% tariff on goods from Canada and Mexico, and a 10% tariff on Chinese goods, which will trigger a new round of trade wars.

ChainCatcher news, according to Jinshi reports, on November 25 local time, U.S. President-elect Trump stated that a 25% tariff will be imposed on all products entering the U.S. from Mexico and Canada. In addition, Trump also announced an additional 10% tariff on Chinese goods.Liu Pengyu, spokesperson for the Chinese Embassy in the United States, responded to this in a statement to the media, saying, "Regarding the issue of the U.S. imposing tariffs on China, China believes that the essence of China-U.S. economic and trade cooperation is mutual benefit and win-win. There will be no winners in a trade war and tariff war."

ChainCatcher news, HashKey Exchange CEO Livio Weng stated in an interview with Phoenix TV Chinese Channel that Trump is the first U.S. president to be very friendly towards cryptocurrency. During his campaign, Trump promised several measures to support cryptocurrency, such as including Bitcoin in the national reserves, making the U.S. the world capital of cryptocurrency, and easing regulations.He mentioned that Trump's cryptocurrency policy will encourage more financial institutions to enter the market. "For example, at HashKey Exchange, after two years of effort, we have partnered with dozens of mainstream financial institutions in Hong Kong, becoming the largest licensed exchange in Hong Kong, but many institutions still maintain a conservative attitude towards this industry," he said. "Trump will serve as a demonstration effect, accelerating the embrace of cryptocurrency by traditional industries and traditional people."Today, many countries and regions around the world are accelerating their layout in the Web3 ecosystem, initiating a new round of industrial competition. Livio Weng pointed out, "Trump's attitude towards crypto assets will not only influence U.S. policy but also accelerate the competition among countries globally regarding the Web3 industry."Additionally, Livio Weng also stated in the interview, "After Trump takes office, a new round of trade wars is likely to come, but the impact on China will become smaller and smaller." He noted, "Last time, China was not knocked down in the previous trade war; instead, it made some breakthroughs in the impacted industries such as new energy and semiconductors, and this time it will not be different, while the U.S. needs to consider the 'backlash' of the trade war."