4E: U.S. stocks continue the Rebound, crypto market trading in a narrow range

On March 18th, according to 4E monitoring, the US stock market continued the Rebound momentum from last Friday on Monday. Investors sought to Buy the Dips after four consecutive weeks of market declines, driving the indices up. As of the close, the Dow rose by 0.85%, the Nasdaq rose by 0.31%, and the S&P 500 rose by 0.64%. Most large-cap tech stocks fell, with TSL leading the decline by 4.83%, down more than 40% this year. The cryptocurrency market is trading in a narrow range, with overall performance relatively flat. Bitcoin is basically hovering around $83,000, reporting $83,389 at the time of the deadline, with a 0.15% rise in 24 hours. Other mainstream tokens are mostly slightly rising, with Ethereum striving to stabilize above $1900, and BNB's on-chain meme market rebounding and showing strong performance, rising nearly 18% in the past 7 days. Trump's tariff remarks have temporarily quieted down, and the market is closely watching global central bank meetings. The Fed is expected to keep interest rates unchanged on Wednesday, and Powell's remarks after the meeting will be closely watched. He has previously stated several times that he is 'not in a hurry' to cut interest rates. Investors will look for any changes in his tone.

BTC-3.36%
ETH-5.45%
BNB-4.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)