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.