BlockBeats News, March 24th. According to 4E monitoring, last week, the dovish comments from the Federal Reserve and President Trump's statement about flexibility on the tariff plan alternately boosted stock market confidence. After significant volatility, the three major indices collectively closed up for the week: the Dow rose by 1.2%, marking the largest weekly gain in over two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq rose slightly by 0.17%, halting the previous four-week decline. However, large-cap tech stocks generally closed the week lower, with Nvidia down by 3.26%, Tesla down by 0.53%, and falling for the ninth consecutive week. The cryptocurrency market experienced fluctuations but overall showed a mild uptrend. Bitcoin dipped below $81,000 on Tuesday before rebounding, surged above $87,000 on Thursday following the dovish Fed comments, hitting a two-week high, and then oscillated around the $84,000 level. This morning, it experienced another rapid uptick, trading at $85,721 before the deadline, up 3.18% in the past 7 days. Other major altcoins saw slight gains, with Ethereum striving to hold above $2,000, and BNB's on-chain meme trend continued to attract attention. Signs of a market recovery are emerging, and investor sentiment is improving. In the commodities market, the US dollar index rose by 0.34% for the week, marking its first weekly gain this month. Tensions in Russia-Ukraine and the Middle East continued to escalate, leading to a more than 2% increase in crude oil prices for two consecutive weeks. Spot gold rose by 1.31% last week, extending a three-week uptrend. Last week, the Federal Reserve kept interest rates unchanged, in line with market expectations, with the guidance for two rate cuts still in place for the year. Powell's remarks also brought some comfort to the market. The focus this week is on Friday's release of the Fed's preferred inflation measure—the PCE Price Index. Additionally, as the April 2nd "tariff deadline" approaches, market caution persists due to uncertainty. However, once the tariff outlook becomes clearer, the ongoing market turbulence of recent weeks may begin to subside. As a financial trading platform that supports cryptocurrency, stock indices, commodities like gold, and forex assets, eeee.com recently launched a USDT stablecoin financial product with an 8% annualized return, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate your assets rationally.
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