【Blockchain Briefing 0417】
I. Macroeconomic data:
1. US dollar index: closed up 0.152% at 106.37
2. Treasury prices: 10-year US Treasury yields finally closed at 4.661%. The 2-year US Treasury yield, which is most sensitive to the Fed's policy rate, hit the 5% mark again during the session and finally closed at 4.972%
3. Gold price: closed down 0.01% at $2,382.93 per ounce
4. WTI crude oil: WTI crude oil finally closed down 0.46% at $85.21 per barrel
5. Stock market: Dow closed up 0.17%, S&P 500 fell 0.21%, and Nasdaq fell 0.12%
6. USDCNY: 7.26
7. Rate hike expectations: According to the Fed's interest rate monitor, the probability of maintaining interest rates at 5.25-5.50 in May is 96.9%, and the probability of cutting interest rates to 5.00-5.25 is 3.1%.
8. Cryptocurrency: The overall market value rose by 0.51% to $2.32T, the 24-hour trading volume fell by 13.42% to $105.17B, and the stablecoin market value increased by 1.17% to 151.95B
9. ETH pledge status: The current pledge amount is 31.5METH, and the pledge rate is 26.20%
II. 9 ETF holdings data:
Updated on April 16:#Grayscaledecreased by 2,524 $BTC (-158.21 million US dollars), and currently holds 311,621 $BTC (19.53 billion US dollars).#Blackrockincreased by 1,162 $BTC (+72.82 million US dollars), and currently holds 272,139 $BTC (17.06 billion US dollars).
9 ETFs (including #Grayscale) decreased by 1,299 $BTC (-81.44 million USD).
3. Yesterday's macro news:
1. Fed Chairman Powell: Recent data show that inflation progress this year is insufficient, and the restoration of confidence in inflation may take longer. After Powell's speech, interest rate futures traders lowered their expectations that the Fed would cut interest rates more than once this year. "Fed megaphone": Powell lowered expectations for interest rate cuts.
2. Other Fed officials-Vice Chairman Jefferson: If necessary, policies will remain restrictive for a longer period of time. Richmond Fed President Barkin: CPI data does not support a "soft landing". New York Fed President Williams: The potential growth rate in the United States is about 2%, possibly higher.
3. Data released by the U.S. Treasury Department showed that the U.S. cash reserves increased by $172 billion to $897 billion, the highest level since May 2022. This is the largest increase since the 2022 tax collection deadline
4. Israel-Iran conflict-Israel media: The Israeli army has finalized the type of counterattack against Iran but the timing is undecided. The United States expressed its belief that Israel will not carry out direct strikes, but will focus on Iran's "proxies";Yellen: Further sanctions against Iran are expected in the coming days.
#BTCUSD#Bitcoin#BitcoinETF#ETHUSDT #cryptocurrency
