Trump announces new round of tariffs on cars, aluminum and medicines
On March 25, President Trump announced a new round of tariffs on cars, aluminum and medicines to support the United States’ low tax policy. He emphasized in a cabinet meeting that the investment growth rate in the United States is unexpectedly high, and more and more companies are returning to the United States.
Fed: Will not overreact to inflation caused by tariffs
Fed Chairman Powell said that the central bank may not overreact to inflation caused by tariffs, believing that this is more likely to be a one-time price increase rather than sustained inflation.
Bitcoin prices rose 5.33% that week, and transaction fees tripled during the same period
Crypto analyst @ali_charts said that Bitcoin’s transaction fees almost tripled this week, an event that shows that Bitcoin network transaction activity is surging. Market data shows that Bitcoin prices have risen 5.33% in the past 7 days, and the current price is $87,757.
The number of short-term Bitcoin holders has dropped to 2.53 million
According to the IntoTheBlock report, although the price of Bitcoin has rebounded recently, the number of short-term holders has dropped from 3.06 million in January to 2.53 million. Trader activity remains low, but the increase in the total number of holders indicates that the market’s interest in Bitcoin is recovering.
Report: Hedge funds have recorded the largest net selling of US stocks in seven weeks
On March 24, a report from Goldman Sachs showed that as of March 21, hedge funds’ net selling of US stocks reached the highest level in seven weeks, with short selling exceeding buying. Eight of the 11 industries experienced net outflows, and finance, energy and materials were the only net buying industries.
Digital asset investment products rebounded, recording $644 million in inflows
The latest weekly report from CoinShares shows that digital asset investment products recorded $644 million in inflows last week, ending a five-week outflow trend. Of this, the United States contributed $632 million, while Switzerland, Germany and Hong Kong recorded inflows of $15.9 million, $13.9 million and $1.2 million, respectively.
