ChainCatcher news, according to the Coingecko quarterly report, the total market capitalization of cryptocurrencies fell by 18.6% to $2.8 trillion in Q1 2025. Bitcoin further consolidated its dominant position in the market downturn, with its market share rising to 59.1% (a new high since 2021), while altcoins generally performed weakly. The shares of stablecoins USDT and USDC increased, while Ethereum's market share dropped to a five-year low of 7.9%.​1. Bitcoin outperforms traditional risk assetsBitcoin broke through $100,000 in January, reaching an all-time high, but ended the quarter at $82,514 (a decline of 11.8%). Its performance outpaced the Nasdaq index (down 10.3%), but lagged behind gold (up 18%) and U.S. Treasuries. Analysts pointed out that the strengthening of the yen and euro, adjustments in monetary policy, and geopolitical uncertainties have intensified market volatility.​2. Ethereum and altcoins under pressureEthereum's price plummeted by 45.3% to $1,805, erasing all gains made in 2024, with daily trading volume shrinking to $2.44 billion. Leading altcoins such as Solana (SOL), XRP, and BNB experienced smaller pullbacks, highlighting Ethereum's relative weakness. Meme coins suffered a severe setback due to the exit of Argentine President Javier Milei's related project LIBRA, with daily token deployment on the Pump.fun platform decreasing by 56.3%.​3. Changes in exchange landscapeThe spot trading volume of centralized exchanges (CEX) fell by 16.3% to $5.4 trillion, with Binance maintaining a market share of 40.7%; HTX became the only platform in the top ten to see growth (+11.4%), while Bybit's trading volume was halved due to a hacking incident in February. Among decentralized exchanges (DEX), Solana led Q1 with a 39.6% share, but Ethereum briefly reclaimed the top position in March. The total value locked (TVL) in DeFi decreased by 27.5% to $12.86 billion, while the new public chain Berachain's TVL rose against the trend to $5.2 billion.

ChainCatcher news, according to a prediction by Binance Research, the supply of U.S. Treasury bonds will exceed $31 trillion by 2025, accounting for about 109% of GDP and 144% of M2, a record scale that will create significant financing pressure on the market.Declining foreign demand or sell-offs may push up yields, thereby affecting risk assets such as cryptocurrencies. If the government adopts debt monetization, it may benefit cryptocurrencies. Close attention should be paid to macro impacts and policy responses.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, the new TGE project BANK (Lorenzo Protocol) held by Binance Wallet has the following TOP5 token holdings:Uncirculated portion: 75.3%, of which 236 million tokens (55.55%) are pending airdrop, and 84 million tokens (19.73%) are for Binance marketing activities;Pancake liquidity pool: 43.12 million tokens, accounting for 10.14% of the total;Wallet IDO pending airdrop: 6.96 million tokens, accounting for 1.64% of the total;Project party address: the initial LP funding source address, 5.72 million tokens, accounting for 1.34% of the total;According to their statistics, currently, at most 24.7% of the total BANK supply is in actual circulation, with a current FDV of 14 million USD and a real circulating market value of approximately 3.4 million USD.

ChainCatcher news, according to The Block, the decentralized perpetual contract protocol Hyperliquid has recently reached a market share of nearly 70%, a significant increase compared to the beginning of 2024.Its trading volume in March reached $175 billion, and in the first half of April, it has already reached $83 billion, with the protocol's trading volume approaching 10% of Binance.

ChainCatcher news, according to PeckShield monitoring, the address marked by the KiloEx attacker has returned approximately 1.4 million USDT to KiloEx.

ChainCatcher news, according to Cointelegraph, U.S. Senator Elizabeth Warren stated: "If Federal Reserve Chairman Powell is fired by the U.S. President, the American market will collapse."

ChainCatcher news, according to Cointelegraph, the market capitalization of Chainlink's LINK token has surpassed that of The New York Times. Currently, the market cap of LINK is $8.25 billion, while The New York Times Company's market cap is $8.04 billion.

ChainCatcher news reports that, according to 4E monitoring, tariff uncertainty continues to put pressure on U.S. stocks. On Thursday, the three major indices closed mixed, with the Dow down 1.33%, the S&P 500 up 0.13%, and the Nasdaq slightly down 0.13%. U.S. markets will be closed on Friday for Good Friday. This week, the three major indices have recorded declines for the third consecutive week, with the Dow down a total of 2.66%, the Nasdaq down 2.62%, and the S&P 500 down 1.5%.The cryptocurrency market is experiencing narrow fluctuations, with Bitcoin stabilizing around $84,000, and Ethereum hovering below $1,600, while altcoins show reduced volatility. Investors remain cautious amid the uncertainty of tariff policies, with concerns in the derivatives market about declines clearly outweighing expectations for increases.In the foreign exchange and commodities market, the U.S. dollar index fell slightly by 0.01%, marking a third consecutive week of weakness; driven by the weaker dollar and optimistic comments from Trump on energy trade, U.S. crude oil surged over 3% on Thursday, accumulating about a 5% increase this week; gold prices retreated from high levels, with spot gold down 0.46%.The European Central Bank continues its easing policy, while the Federal Reserve maintains a wait-and-see attitude. On Thursday, Trump sharply criticized Powell's interest rate policy, stating it is "always too late and wrong," and emphasized that firing Powell is urgent. The market is watching whether Powell will adjust policies due to political pressure.

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market sector has stabilized and rebounded, with the AI sector leading with a rise of 3.98%. Within this sector, Fetch.ai (FET), Render (RENDER), and Bittensor (TAO) have increased by 6.94%, 8.98%, and 10.36% respectively over the past 24 hours. However, Fartcoin (FARTCOIN), which had previously seen significant gains, is experiencing a correction, dropping 12.89% in the last 24 hours.Other standout sectors include: the GameFi sector, which rose 2.62% in the last 24 hours, with ImmutableX (IMX) increasing by 4.81%; the NFT sector, which rose 1.96%, with APENFT (NFT) and Pudgy Penguins (PENGU) increasing by 2.20% and 8.07% respectively.Additionally, the Layer1 sector increased by 1.48% in the last 24 hours, with Binance Coin (BNB) and Solana (SOL) rising by 1.09% and 3.63% respectively; the Layer2 sector rose by 0.95%, with Celestia (TIA) increasing by 4.50%; the CeFi sector rose by 0.71%, with Hyperliquid (HYPE) up by 8.10%; the DeFi sector rose by 0.48%, while the PayFi sector fell by 0.52%, and the Meme sector decreased by 0.92%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiAI, ssiNFT, and ssiDePIN indices have increased by 4.66%, 2.67%, and 2.61% respectively, with weekly returns of 1.81%, 1.23%, and 0.90%.

ChainCatcher news, according to Ark Invest Daily data, ARK Invest sold 39,575 shares of the ARK 21Shares Bitcoin ETF (ARKB) through its ARKW fund on April 17, valued at approximately $3.35 million based on the closing price of $84.71 that day. Additionally, it purchased a total of 475,000 shares of the 3IQ SOLANA STAKING ETF (SOLQ, U) through the ARKW and ARKF funds, valued at approximately $4.95 million based on the closing price of CAD 14.42 (approximately USD 10.42) that day.

ChainCatcher message, according to TokenInsight data, Binance continues to hold the top position in the global spot market in the first quarter of 2025, with a quarterly average market share of 43.9%. It has steadily risen from 43.5% at the beginning of the year to 45% by the end of March, further solidifying its status as the leading centralized exchange in the world.

ChainCatcher news, according to Jinshi reports, Politico White House reporter Megan Messerly stated that U.S. Treasury Secretary Mnuchin privately warned that replacing Federal Reserve Chairman Powell could lead to market instability.It is reported that Trump is also aware of this, so despite his renewed dissatisfaction with Powell, according to Messerly, Powell's position currently seems secure. Powell has consistently stated that he will not resign, and others have said that Trump does not have the power to dismiss him.

ChainCatcher news, according to Politico, President Donald Trump is angry with Federal Reserve Chairman Jerome Powell for showing no signs of a rate cut in the near future. In a Truth Social post released on Thursday morning, Trump wrote that the "sooner he leaves, the better!"But for now, Powell's position seems relatively secure.Trump considered firing Powell during his first term—a move that is legally controversial—and if he attempts to do so again, it could exacerbate market instability. The markets have already become turbulent due to recent tariff shocks. Two individuals close to the White House revealed that Treasury Secretary Scott Bessent has emphasized this point multiple times within the White House, and they requested anonymity due to the sensitive nature of the discussions. Trump himself is also aware of the gravity of the situation. Investor confidence that the Federal Reserve will make decisions based on economic trends rather than short-term political pressure is key to maintaining the U.S.'s reputation in the global financial system.Allies within the White House believe that Trump's post on Thursday morning is more about trying to undermine Powell's position and casting him as a scapegoat for future economic issues, rather than an immediate move to fire him. Of course, nothing is ever certain with Trump; his allies also caution that he could change his mind in an instant and seriously pursue the idea of firing Powell.A White House spokesperson responded to related questions by stating that Trump's post on Truth Social should be taken as the standard. The U.S. Treasury did not immediately respond to a request for comment.

According to ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) announced that the Massachusetts District Court has made a final ruling against CLS Global FZC LLC, a UAE company claiming to be a cryptocurrency market maker, finding it in violation of securities laws.The SEC accused CLS Global of participating in a scheme to manipulate the "NexFundAI" market, issuing and selling the cryptocurrency as a security to retail investors, and inducing investors to purchase by creating the illusion of active trading. CLS Global agreed to the judgment and is required to pay a civil penalty of $425,000, a disgorgement of $3,000, and pre-judgment interest of $80.39.

ChainCatcher news, Glassnode stated that the supply of stablecoins continues to grow, but the growth rate has slowed in recent weeks.As stablecoins are widely used as a core pricing asset in the crypto market, this slowdown further confirms the trend of liquidity contraction and declining risk appetite in the entire digital asset market.

ChainCatcher news, according to market news, Binance has stated that multiple governments and sovereign wealth funds have approached them with the intention of establishing cryptocurrency reserves.It is reported that Binance CEO Richard Teng mentioned in an interview with the Financial Times on April 17 that Binance has been advising several governments on establishing strategic Bitcoin reserves and formulating regulations for crypto assets.He said, "In fact, we have already received quite a few suggestions from some governments and sovereign wealth funds about establishing their own crypto reserves." Although he did not specify particular countries, Richard Teng indicated that the United States is far ahead in this regard.

ChainCatcher news, according to Jinshi reports, there are market rumors that European financial regulators are questioning the safe-haven status of U.S. Treasury bonds.

ChainCatcher news, Bitget announced that it will launch Initia (INIT) on the pre-market trading platform today at 22:00 (UTC+8).Initia is a modular Layer-1 blockchain built on the Cosmos SDK, providing scalability and interoperability through its interconnected rollups, and utilizing the INIT token for trading, staking, and governance.