U.S. core CPI annual rate hits a near 5-year low, spot gold surges over $20 in the short term

U.S. March ADP employment data and February retail sales data will be released tonight, or may affect the Federal Reserve’s interest-rate path

Gate News update: On April 1, the U.S. will release its March ADP employment report tonight at 20:15 (known as “the little nonfarm,” a leading indicator for nonfarm employment data), followed by the release of the U.S. February retail sales month-over-month rate (known as “terrible data,” reflecting the strength or weakness of the consumer market). The market will get the latest data on the U.S. labor market and consumer market, and the Federal Reserve’s interest-rate path may change accordingly.

Can this rebound in U.S. stocks hold up? The last day of Q1 surged 3% to close, but over the past month it’s crashed 5%.

March 31 saw a sharp jump in the three major U.S. stock indexes, with the Dow surging by more than 1,125 points and posting its best single-day performance. However, the S&P 500 fell 5.09% for the month of March, the worst performance since 2022, and market confidence remained weak. The VIX volatility index stayed elevated, suggesting investors are still on high alert. Soaring oil prices weighed on Asian markets; in March, capital outflows totaled $52 billion, with Taiwan hit the hardest. As the April earnings reporting season approaches, the market’s outlook remains unclear.

Trump’s Troop Withdrawal Sparks a Crude Oil Selloff Wave: How the Waning Energy Premium Could Reshape the Crypto Market Logic

On April 1, 2026, Trump’s remarks about withdrawing troops triggered a sharp sell-off in the crude oil market, and oil prices quickly fell. This shift not only affects the energy market, but also changes the pricing of global broad asset classes. The decline in crude oil has a dual impact on the liquidity environment in the crypto market and on mining costs; the market has begun to reassess the relationship between geopolitical risk and crypto assets. In the future, the market will be constrained by multiple structural risks, and industry competitiveness may shift toward improving technology and compliance capabilities.

Why is the crypto market up today? The UAE is pushing for the reopening of the Strait of Hormuz, and Bitcoin is rebounding

Bitcoin and the cryptocurrency market rebounded on Wednesday after the United Arab Emirates urged the United Nations to use force to reopen the Strait of Hormuz, easing concerns about a war with Iran. The market reacted positively to signs of de-escalation and the U.S. troop withdrawal plan, with the price of Bitcoin rising by more than 1%.

Bitcoin fell 23.8% in Q1 2026, marking the worst first-quarter performance since 2018

Bitcoin fell 23.8% in the first quarter of 2026, marking its worst performance since 2018. The decline was mainly driven by outflows from spot ETF fund flows and high inflation. Despite the near-term drop, analysts say long-term conviction in Bitcoin has not changed, and it’s important to watch shifts in the macro environment and incoming capital flows.

Bitcoin plunges 24% in the first quarter, its worst performance since 2018

In the first quarter of 2026, the price of Bitcoin fell 23.8%, marking its worst performance since 2018. Starting the year, the price dropped from $87,508 to $66,619, for a cumulative loss of 41.6%. Analysts believe that the main reasons include macroeconomic uncertainty and heightened geopolitical tensions in the Middle East. In addition, ETF outflows have further increased pressure. Despite near-term difficulties, long-term confidence remains solid, and institutional participation trends look positive. The market is watching how developments in the Middle East could affect Bitcoin and overall cryptocurrency market sentiment.