4E: Volatility in U.S. stocks and crypto markets intensifies, and this week's "Super Central Bank Week" hits
On March 17, according to 4E monitoring, under the continuous impact of Trump's tariff policy, the three major U.S. stock indexes collectively closed down after experiencing significant fluctuations last week. The Dow fell about 3.1%, setting its worst weekly performance since March 2023. The S & P 500 fell 2.27%, and the Nasdaq index fell 2.43%, both falling for the fourth consecutive week. Except for Nvidia, which rebounded nearly 8%, other large technology stocks closed down on a weekly basis. The crypto market fluctuated violently. Bitcoin rebounded after falling to a recent low on Tuesday, basically fluctuating around $83,000. U.S. stocks closed up across the board on Friday, driving Bitcoin to break through US$85,000. However, due to lack of liquidity, it failed to continue its rally over the weekend. It was reported at US$83144 at deadline, up nearly 1.5% in the past seven days. Other mainstream tokens mostly rose slightly. Ethereum is striving to stand above US$1900. BNB was boosted by US$2 billion investment in Abu Dhabi and the recovery of meme on the chain, rising nearly 10% in the past seven days.
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