Federal Reserve Vice Chairman Jefferson said that it is crucial to assess the comprehensive impact of Trump's policy changes. The policy rate is now somewhat restrictive; there is no need to rush to adjust the policy rate, the current policy rate is prepared to deal with risks and uncertainties. Commodity inflation is rising, partly due to trade policies; the decline in housing service prices may help offset inflation.

the U.S. stock market fell sharply in early trading on Thursday, with the Dow Jones Industrial Average plummeting more than 1500 points and the Nasdaq falling more than 1000 points. U.S. President Trump announced additional "equal tariffs" of 10% to 49% on almost all countries, which could trigger a global trade war and severely damage the already weak U.S. economy. The number of initial jobless claims in the U.S. unexpectedly dropped last week. Trump's tariffs and the OPEC+ production increase plan have caused oil prices to plummet. The Dow fell by 1543.14 points, or 3.65%, to 40682.18 points; the Nasdaq dropped 1004.16 points, or 5.71%, to 16596.89 points; and the S&P 500 index fell by 246.47 points, or 4.35%, to 5424.50 points.

global stock markets fell sharply on Thursday as US President Trump's comprehensive tariff plan kicked off a trade war with broad implications for the global economy. Public fears of rising prices, slowing economic growth, and even the possibility of a recession caused US stock indexes to plummet, marking their worst single-day performance since at least September 2022. Clothing and retail companies led the decline, with Williams-Sonoma, Ralph Lauren, and Deckers Outdoor all falling by over 17%. Tech and tech retail stocks such as HP, Best Buy, and Garmin also fell by at least 15%. The Magnificent 7 stocks that have led the market higher in the past two years also saw widespread declines, with Apple and Amazon both falling by over 8%. Over 400 stocks in the S&P 500 index declined.

the pricing of US short-term interest rate futures shows that the Fed is expected to cut interest rates four times this year, starting from June.

Fitch Ratings stated that, given that tariffs are higher than expected, U.S. economic growth in 2025 may be lower than the 1.7% forecasted in March. The upward pressure on commodity prices caused by tariffs means that the Federal Reserve may become more cautious about further interest rate cuts in the near future; as U.S. tariffs increase, some sovereign countries with high levels of export value-added may face downward rating pressure.

according to Lookonchain monitoring, a whale spent 11.5 million USDC to buy 6488.5 ETH at a price of 1772 USD during the previous market downturn.

according to Arkham monitoring data, Grayscale transferred 16,247 ETH worth $28.63 million from its Coinbase Prime Deposit address to Coinbase hot wallet address.

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the Russell 2000 Index fell by 4.5% and is about to enter a bear market.

the team of the interoperability protocol Hyperlane shared their upcoming token airdrop plan scheduled for the end of this month on Thursday. The airdrop will start on April 22, and users can check if they are eligible to claim HYPER tokens through the portal website provided by the Hyperlane Foundation before April 13. This token distribution will mainly target the community, with 57% of the supply allocated to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation's treasury (7.1%).

traders have fully digested the expectation that the Federal Reserve will cut interest rates in June, previously expected in July.

according to The Block, the Cardano Foundation has launched the digital identity platform Veridian, which uses open-source tools to verify identities and validate online communication. Along with this new product, the Veridian Wallet has also been launched, allowing users to manage their credentials, private keys, and identifiers.

according to the monitoring of ash, 64,800 ETH once on the brink of liquidation by a giant whale had already reduced its position in advance 8 hours ago, bringing the liquidation price of ETH down to $1639. It sold 4760 ETH to exchange for 8.64 million DAI for repayment.

spot gold fell below $3060 per ounce, down 2.41% intraday.

the concept stocks of digital currency fell, with Canaan Technology (CAN.O) falling 9.3%, Riot Blockchain (RIOT.O) falling 7.23%, and Coinbase (COIN.O) falling 7.17%.

On April 3, Trump recently wrote to Salvadoran President Bukele, thanking him for his cooperation in combating illegal immigration and highly praising Salvador's use of the newly built super prison to detain members of Tren de Aragua and MS-13 gangs. Trump said that Bukele showed "true leadership" and invited him to the White House for an official visit on April 14 to discuss ways of cooperation and mutual support.

according to CNBC, Citigroup analyst Kate Moore said that after Trump announced the tariff policy, investors should now stay away from risky assets.

the market shows ARB falling below $0.3, now trading at $0.29, a 24-hour decline of 9.38%. The market is volatile, so please manage your risks.

On April 3, according to BloFin Academy analysis, President Trump's comprehensive tariff policy exceeded market expectations, causing global trade network costs to soar and economic regionalization trends, accelerating the rebalancing of investment portfolios towards "de-dollarization". Dollar-linked assets (such as US stocks, altcoins) are being continuously sold off, with safe-haven funds shifting towards BTC, stablecoins, cash, RWA and other offshore assets. BTC is the preferred safe-haven asset due to its payment system properties and low correlation with the US dollar; while stablecoins and gold-linked tokens have a clear advantage in the current safe-haven environment due to their "Eurodollar 2.0" properties and bond associations.

Open networks are revolutionizing the dynamics of blockchain ecosystems. Stellar is recognized for enabling cost-effective cross-border payments, while meme-based tokens like PEPE thrive on community support and cultural relevance. Both have gained momentum in their respective niches. On the other hand, BlockDAG takes the concept of unrestricted participation to the next level by offering a testnet where individuals can freely develop, mine, or test without constraints. With a presale that raised over $210 million and a 2,380% ROI since the first batch, BlockDAG provides a scalable, high-performance alternative that emphasizes accessibility and user-driven growth.