4E: The decline in U.S. stocks and crypto markets continues, and this week's CPI and PPI data will set the tone for the Fed's decision

According to 4E monitoring, affected by weak economic data and Trump's tariff policy, U.S. stocks fluctuated lower last week, and the three major indexes collectively closed down, with the Dow falling 2.37%; The S&P 500 fell about 3.1%, its worst weekly performance since September last year. The Nasdaq fell 3.41%, falling for three consecutive weeks, falling more than 10% from its recent high and falling into a correction range. Big tech stocks have performed sluggishly, with Nvidia's market capitalization shrinking by $1 trillion from its all-time high, and Tesla's retracement of more than 46% from its all-time peak. The decline in the crypto market intensified, the bitcoin strategic reserve signed by Trump was less than expected, and the content of the White House crypto summit was mostly polite remarks, which did not bring surprises to the market, which exacerbated the market decline. Bitcoin has lost a number of key support levels one after another, falling as low as $80,000, and the decline has expanded by nearly 12% in the past 7 days, to $82,150 at the time of writing. Other mainstream currencies such as Ethereum fell more sharply, and market sentiment fell into a trough. Trump's capricious tariffs and last week's non-farm payrolls data did not provide a clear economic outlook, the market is growing weary of uncertainty and risk assets remain under pressure. This week, investors pay attention to the US CPI and PPI inflation data, which will directly affect the Fed's interest rate decision on March 18-19.