QCP Capital： The market's expectation for the Federal Reserve to cut interest rates has increased, with only one rate cut expected at the beginning of the year, now raised to four

Odaily Planet Daily News: QCP Capital released a market analysis today, pointing out that global trade tensions have escalated and market sentiment is under pressure. A new round of tariffs may be implemented on April 2nd. The 25% steel and aluminum tariffs that came into effect today have triggered countermeasures from the European Union, which plans to implement € 26 billion (£ 22 billion) in tariffs starting from April. Increased market volatility: The VIX index surged to 28, then fell back to 26.6, and the Cboe VIX futures curve entered an inverted state, indicating that the market may be approaching the bottom. Tonight's CPI data may determine market interest rate expectations. Currently, the market expects the Federal Reserve to cut interest rates four times in 2024, up from one. However, the unexpected increase in CPI in January has raised doubts about the slowdown in inflation, and investors remain cautious. Crypto market dynamics: The SEC has postponed the approval of XRP, SOL, LTC, ADA, and DOGE ETFs until May, and will hold a crypto regulatory roundtable meeting on March 21 to discuss the classification and regulatory framework of crypto assets. The Bitcoin ETF experienced a net outflow of $154 million, with GBTC selling 641 BTC (worth $56.45 million) in a single day, indicating that institutional investors' cautious sentiment is heating up. The market will closely monitor whether the CPI data confirms the slowing trend of inflation, while the progress of ETF approval and the results of regulatory meetings may also affect the short-term trend of the cryptocurrency market.