On March 21, according to 4E monitoring, after the Federal Reserve's interest rate meeting, the rally in US stocks failed to continue, economic uncertainty and Trump's tariff plan were clouded, and the main index of US stocks closed down in shock on Thursday. The S & P 500 fell 0.2%, the Dow fell 0.1%, and the Nasdaq fell 0.3%. Large technology stocks fell more and rose less, while Tesla edged up 0.1%. The crypto market is volatile but generally showing a moderate upward trend. Last night, dragged down by US stocks, superimposed on Trump's speech at the DAS summit is still the same old tune and no substantive good, Bitcoin has experienced a rapid decline, and the writing has now rebounded to $84,650, down 1.33% in 24 hours. Most other mainstream tokens have corrected. The recovery of the BNB chain market continues to be the focus of investors. The market digested the Federal Reserve's decision, but investors worried that Trump might impose more tariffs in April, and doubted whether the inflation caused by the potential tariffs would limit the Federal Reserve to slash interest rates as expected.
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U.S. stocks opened lower and went lower. All three major indexes closed sharply lower. The Nasdaq fell 2.7% and fell 2.59% this week; the S & P 500 fell 1.97% and fell 1.53% this week; the Dow fell 1.69% and fell 0.96% this week. Large technology stocks fell generally. Netflix, Google, Amazon, and Meta fell more than 4%. Tesla, Microsoft, and Intel fell more than 3%. Apple fell more than 2%. Nvidia fell more than 1%.
Fidelity bought nearly $100 million worth of Bitcoin today, and Fidelity's Bitcoin ETF (FBTC) received an inflow of $94.20 million from Coinbase Prime, according to the latest data from Arkham. As of now, the total value of Bitcoin held by Fidelity FBTC has reached $16.60 billion.
According to AXIOS, a senior White House official has revealed that the Trump administration is unexpectedly considering higher taxes on wealthy Americans. Some White House officials believe that higher taxes on high-income groups will provide room for other priority issues. It also helps to blunt attacks from Democrats at a time when Republicans are trying to extend President Donald Trump's 2017 tax cuts.
According to market news, the U.S. Commodity Futures Trading Commission (CFTC) has withdrawn its advisory opinion on the listing of virtual currency derivatives.
On March 29th, according to the US Geological Survey Earthquake Information Network, a magnitude 6.6 earthquake occurred in the central waters of the Mid-Atlantic Ridge at 1:17 am Beijing time on the 29th. The epicenter was located at 0.72 degrees north latitude, 29.76 degrees west longitude, and the focal depth was 6.4 kilometers.
The Federal Deposit Insurance Corporation (FDIC) has issued new guidance that states that agencies regulated by the FDIC can participate in'permitted 'crypto activities without prior approval from the FDIC.
The Securities Exchange Commission (SEC) released an announcement saying that the staff of the cryptocurrency working group met with representatives of Wintermute Trading Ltd. and Morrison Cohen LLP on March 28.
The topic of discussion at the conference was solutions to issues related to crypto asset regulation. Representatives of Wintermute Trading Ltd. and Morrison Cohen LLP provided an accompanying paper, the topics in which were discussed during the conference. Wintermute discussed trading a...