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US Stock Market Declines Amid Weak Economic Data and Trump's Tariff Policy US stocks experienced a volatile decline last week due to weak economic data and the impact of Trump's tariff policy. All three major indices closed lower: The Dow Jones fell 2.37% over the week. The SP 500 dropped 3.1%, marking its worst weekly performance since September last year. The Nasdaq declined 3.41%, falling for a third consecutive week and entering a correction zone with a 10% drop from its recent high. Large-cap tech stocks struggled, with Nvidia’s market value shrinking by $1 trillion from its all-time high, while Tesla has fallen more than 46% from its peak. Crypto Market Sell-Off Intensifies The downturn in the crypto market deepened as Trump’s Bitcoin strategic reserve plan fell short of expectations, and the White House crypto summit lacked substantive developments, leading to further market disappointment. Bitcoin lost multiple key support levels, briefly dipping to $80,000, with a 7-day decline of nearly 12%. As of press time, BTC was trading at $82,150. Ethereum and other major cryptocurrencies saw even steeper declines, with overall market sentiment hitting a low point. Market Uncertainty Weighs on Risk Assets Trump's inconsistent tariff policies and lackluster nonfarm payroll data have added to market uncertainty, putting continuous pressure on risk assets. This week, investors will closely watch US CPI and PPI inflation data, which will be crucial in shaping the Federal Reserve’s interest rate decision on March 18-19.

According to on-chain analyst @ai_9684xtpa, seven whale/institutional addresses that recently bought the dip in ETH have collectively incurred an unrealized loss of $10.25 million: Trump WLFI accumulated 4,468 ETH on March 6 at a cost of $2,228.7 per ETH, resulting in an unrealized loss of $750,000. The total ETH holdings of this address (66,274.9 ETH) have an unrealized loss of $77.37 million. Address 0x655...1e0B8 purchased 8,265 stETH on-chain yesterday at an average price of $2,218 per ETH, now facing an unrealized loss of $1.312 million. Address redbase.eth bought 6,100 ETH on-chain yesterday at an average price of $2,200 per ETH, now experiencing an unrealized loss of $895,000. Address 0x42a...C42f8 accumulated 4,505 ETH over the past six days at an average price of $2,171 per ETH, currently at an unrealized loss of $530,000. Mirana Ventures built a position of 21,667 ETH on February 28 at a cost of $2,134 per ETH, now facing an unrealized loss of $1.386 million. A whale that previously made $33.67 million from buying low and selling high accumulated 10,000 ETH on February 15 at a cost of $2,388 per ETH, now with an unrealized loss of $3.29 million. A whale that previously profited $14.26 million from trading WBTC has accumulated 5,600 ETH since February, with an average cost of $2,432 per ETH, currently at an unrealized loss of $2.087 million.