Key Takeaways
Trump made a major shift in stance, stating he has no intention to fire Powell, easing market concerns about the Fed's independence. Optimism around tariff negotiations and easing geopolitical tensions further boosted market sentiment. U.S. stocks rebounded sharply, with all three major indices gaining over 2.5%, while gold plunged. In the crypto market, Paul Atkins officially replaced Gary Gensler as SEC Chairman, fueling optimism for crypto policy guidance. Bitcoin broke through the $93,000 resistance level, surging 6.77%. Bitcoin's dominance rose 0.18%, while altcoins underperformed Bitcoin, indicating sentiment remains fragile.
Main Asset Changes
| Index | Value | % Change |
| S&P 500 | 5,287.77 | +2.51% |
| NASDAQ | 16,300.42 | +2.71% |
| BTC | 93,443.60 | +6.77% |
| ETH | 1,756.41 | +11.20% |
Crypto Fear & Greed Index: 72 (47 a day ago), level: Greed
Macro Economy
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Trump: No intention to fire Powell, but urges the Fed to cut rates.
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Trump: Tariffs on China won’t be as high as 145%—they will drop significantly but not to zero.
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Trump: Will announce a Russia-Ukraine peace plan within three days.
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U.S. to propose recognizing Crimea as Russian territory, freezing frontlines, and lifting sanctions on Russia. Putin suggests a ceasefire along current frontlines, first signaling willingness to abandon maximalist military demands.
Industry Highlights
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aul Atkins officially replaces Gary Gensler as SEC Chairman.
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Trump: "The crypto industry urgently needs clear regulations; the SEC Chair is the best person to ensure regulatory certainty."
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Unicoin refuses SEC settlement, will fight charges in court.
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Trump Media & Technology Group, Crypto.com, and Yorkville America Digital finalize ETF issuance agreement. Trump Media plans to launch a series of ETFs under the Truth.Fi brand this year, including digital asset products.
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Unichain TVL surpasses $300 million.
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Metaplanet CEO: Still committed to holding 10,000 BTC by year-end.
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WazirX exchange expects to relaunch in May, pending Singapore court approval.
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ING collaborates with institutions to develop a new stablecoin.
Project Highlights
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Hot Tokens: ETH, SOL, POPCAT, DEEP
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AI Agent sector rebounds over 20%, with ZEREBRO, ARC, AI16Z, AIXBT, GOAT, VIRTUAL broadly rising.
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Binance Alpha sector rallies, led by DARK, RFC, ALCH, TROLL.
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DEEP: Over 60% of trading volume comes from South Korea; Korean capital drives gains, boosted by Binance listing futures.
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CHZ: Chiliz meets with SEC’s crypto working group to discuss plans for re-entering the U.S. market.
Weekly Outlook
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April 23: U.S., Eurozone, and U.K. to release preliminary April manufacturing and services PMIs; 2026 FOMC voter and Minneapolis Fed President Kashkari speaks; Google enforces MiCA crypto ad rules in the EU.
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April 24: Fed releases the Beige Book; Binance Launchpool lists Initia (INIT); Google earnings.
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April 25: SEC holds its third crypto policy roundtable, focusing on custody issues.
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