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1-Min Market Brief_20250417

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Key Takeaways

Fed Chair Powell's remarks hinted at stagflation risks while dampening expectations for Fed market intervention. Safe-haven gold extended its rally to new highs, while US equities accelerated declines post-Powell. Bitcoin mirrored US stock movements during trading hours, erasing pre-market gains to close marginally higher. Bitcoin dominance surpassed 64%, with altcoins remaining sluggish.

Main Asset Changes

 
Crypto Fear & Greed Index: 30 (29, 24hrs ago) - Fear

Macro Economy

  • Powell: Q1 2025 US growth may slow YoY; tariff inflation could persist longer; Fed stands ready to provide dollar liquidity but warns against expecting volatility suppression
  • US March retail sales: +1.4% MoM (largest gain since Jan 2023), vs 1.3% est.
  • Spot gold breaks $3,350 barrier (new ATH)
  • WTO: Global economy could contract 1.5% in 2025 if US tariffs escalate
  • Atlanta Fed GDPNow forecasts Q1 GDP at -2.2%

Industry Highlights

  • Oklahoma Senate committee rejects Bitcoin reserve proposal
  • Panama City to accept crypto for tax/municipal payments
  • US judge stays 18-state lawsuit against SEC crypto rules
  • Powell: Crypto gaining mainstream traction; stablecoin legal frameworks "a good idea"
  • Raydium launches token launchpad "Launch Lab"
  • SEC/Ripple joint motion to stay appeals grante
  • Metaplanet issues $10M zero-coupon bonds for additional Bitcoin purchases
  • Gauntlet Announces Launch of Liquidity Incentive Campaign for Unichain, Distributes $5 Million in UNI Rewards to 12 Different Liquidity Pools Unichain TVL Soars to $71 Million Driven by Liquidity Incentive

Project Highlights

  • Trending Tokens: FARTCOIN,RAY,GAS
  • RAY: Raydium's Launch Lab directly competes with Pumpfun
  • WCT: Lists on Upbit/Bithumb trigger 100% price surge; short funding rates hit floor
  • ENA: Germany's BaFin orders halt to USDe operations

Weekly Outlook

  • Apr 17: DBR unlock (63.24% circ., ~26.5M);OMNI unlock (42.89% circ,~16.3M);
  • Apr 18: US market holiday; TRUMP unlock (342M);MELANIA unlock(13.2M)
  • Apr 19: ZKJ unlock (25.72% circ., ~$35.25M)

 

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