Pierre Rochard, Vice President of Research at Riot Platforms, stated that the price fluctuations of Bitcoin may be very intense, but these fluctuations are not due to inherent structural defects in Bitcoin itself. As an asset, the fundamentals of Bitcoin - limited supply, censorship-resistant transactions, and global accessibility - are not affected by short-term market cycles.

according to on-chain analyst @ai_9684xtpa monitoring, the balance of the public repurchase address of SHELL has increased to 19.95 million tokens, with an estimated value of 5.92 million US dollars based on the proposed price, which has completed 74% of the repurchase progress (the most recent proposal was made 11 hours ago), current price is 0.3029 US dollars.

according to Ember's monitoring, the whale nemorino.eth bought ETH at a price of $1,906 the day before yesterday, and the price of ETH rose by over $100 in the following day. He took profit 8 hours ago: sold 2500 ETH at a price of $2,021, exchanged for 5.05 million USDC, and made a profit of $287,000.

Federal Reserve announced early this morning that it will slow down the pace of reducing its $6.8 trillion balance sheet, lowering the monthly limit for bond reduction from $25 billion to $5 billion. The loose financial environment seems to be stimulating risk appetite. The dollar recorded its third largest three-day decline since 2015, while US Treasury yields and bond market volatility also dropped significantly.

cryptocurrency wallet Phantom has launched the Sui network token exchange function, supported by the Sui ecological liquidity protocol Cetus.

Trump said on social media: "As the US tariffs begin to affect the economy (slowing down!), lowering interest rates by the Fed will be much better. Do the right thing. April 2 is the US Liberation Day."

according to Malwarebytes monitoring, hackers recently spread AMOS and Lumma information stealing software through the Reddit platform, specifically targeting cryptocurrency users on Apple Mac and Windows systems.

Jan Kubicek, a member of the Czech National Bank (CNB) board, is "skeptical" about including Bitcoin in the bank's large reserve assets, mainly due to its legal uncertainty and the volatility of digital currencies. Earlier this year, CNB Governor Ales Michl proposed considering Bitcoin, and the bank has begun to analyze the possibility of expanding the asset categories in its reserve investment portfolio. However, CNB Vice Governor Eva Zamrazilova has stated that Bitcoin is not a suitable reserve asset.

Scam Sniffer has issued a phishing alert on Platform X, detecting a fake Microsoft Teams website spreading malware. Risks include data leaks, credential theft, session hijacking, and wallet theft. Verify the source before installing.

according to on-chain analyst Ember (@EmberCN), a whale has transferred 44,700 AAVE tokens (approximately $8.18 million) to the Binance exchange.

during an interview with CNBC's "Squawk Box," Robert Mitchnick, head of digital assets at BlackRock, pointed out that the cryptocurrency industry has always promoted Bitcoin as a risky asset, but in reality, Bitcoin is a token that is "global, scarce, non-sovereign, and decentralized." Mitchnick said, "The recent market conditions seem to be a self-fulfilling phenomenon, actually caused by some research and comments within the industry that tend to portray Bitcoin as a risky asset." He believes that the claim that a severe economic recession in the United States could affect the price of Bitcoin is "baseless." Mitchnick said, "Tariffs may not necessarily be bad news for Bitcoin. As for economic concerns, I am not sure if we will fall into a recession, but a recession could actually become an important catalyst for Bitcoin." Mitchnick also mentioned that despite concerns that macroeconomic uncertainty could affect cryptocurrencies, the price of Bitcoin has risen by about 15% since early November last year. "Clearly, 2024 is a rather extraordinary and historically significant year," he said, "Fundamentally, we believe this is the long-term trend. That's why people see Bitcoin as digital gold."

Bitcoin's price movement has closely followed that of the US stock market, particularly the Nasdaq and S&P 500. With fund managers pulling out of US stocks at a historic rate, there are concerns about whether Bitcoin could be the next to suffer. The recent shift in sentiment reflects a decrease in confidence in the US economy and an increase in fears of a global recession, which could impact assets like Bitcoin due to their strong correlation with US stocks. The rise in cash allocations among investors also poses downside risks for Bitcoin and the broader crypto market, as highlighted in the latest survey by Bank of America. While some managers are still bullish on Bitcoin, others are worried about potential triggers for a global recession and inflation that could affect risky assets like Bitcoin. Despite the recent price decline, Bitcoin has historically recovered from corrections during long-term rallies, with its performance in the next six months likely dependent on the overall market conditions. Holding above the 50-week exponential moving average (EMA) could signal a potential recovery for Bitcoin, while breaking below this level could lead to further downside towards the 200-week EMA. This analysis does not provide investment advice, and readers are encouraged to conduct their own research before making any financial decisions.

according to sources, Ukrainian President Zelensky has agreed to stop attacking Russian energy assets, which is the first step taken by US President Trump to end the three-year conflict. The source, who declined to be named, said that Zelensky conveyed this information to Trump in a call on Wednesday, adding that both sides agreed to further expand the ceasefire efforts. Trump also said the call was "very good" and that the discussions were "going as planned." The day before Zelensky spoke with Trump, Russian President Putin told Trump that as a first step, he was willing to limit attacks on Ukrainian energy infrastructure, but did not agree to the US-led comprehensive ceasefire.

according to the AXIOS website, US President Trump will have a call with Ukrainian President Zelensky at 10 am Eastern Time on Wednesday (10 pm Beijing time tonight).

Address poisoning scams have resulted in victims willingly sending over $1.2 million to scammers, highlighting the increase in cryptocurrency phishing attacks. These scams involve tricking victims into sending digital assets to fraudulent addresses owned by scammers. Pig butchering schemes on Ethereum have cost the crypto industry over $1.2 million in just under three weeks. The rise in these scams is attributed to the lack of pre-transaction security measures and the growing sophistication of attackers. Phishing scams, including pig butchering schemes, are a significant threat to the crypto industry, with victims losing large amounts of their net worth.

 Bannockburn analyst Marc Chandler wrote that for the market, comments and forecasts from Federal Reserve officials may be more important than their interest rate decisions. The central bank is expected to keep rates unchanged and update its economic forecasts. Chandler said Federal Reserve Chairman Powell may be asked about the impact of tariffs on the economy, but he "may reiterate his recent assessment that the economy is in a position that allows the central bank to remain patient." In addition, Chandler attributed the strength of the dollar today to short covering.

JPMorgan Asset Management's global head of fixed income, Michel, said that the Fed may acknowledge that "stagflation" is a possibility. The Fed is in a difficult position regarding inflation.

President Donald Trump and his top economic official's refusal to rule out a recession has sparked worry among investors and the public. Some economists caution that the economic policies of the Trump administration could potentially lead the U.S. into an unnecessary recession. The UCLA Anderson School of Management has issued a "Recession Watch" for the first time, with economist Clement Bohr criticizing Trump's policies. Mark Zandi, chief economist at Moody's Analytics, has also voiced concerns about the increasing risk of a recession under Trump's leadership.

according to data from the Salvadoran Ministry of Finance website, El Salvador increased its holdings of 1 bitcoin 9 hours ago, with a total holding of 6121.18 bitcoins and a total value of 526 million US dollars.

the Federal Reserve will announce its interest rate decision later, with the market generally expecting it to remain unchanged. Before the announcement, major stock indices on Wall Street were rising. Currently, people are still worried about trade policy and its impact on the economy. Traders expect the Federal Reserve to cut interest rates by at least 25 basis points twice before December, with the first cut expected in July. The focus will be on policymakers' new economic forecasts, which will help people understand how their policies on President Trump will affect economic growth, inflation, and unemployment. Chris Senyek, Chief Investment Strategist at Wolfe Research, said, "We believe that the likelihood of weakening job reports in the coming months is increasing, ultimately leading to a rate cut at the June meeting of the Federal Reserve. Combined with the highly uncertain tariff path, our conclusion is that the recent trend of the stock market will continue to decline."