The market digests the Federal Reserve's decision and refocuses on Trump's tariffs, causing U.S. stocks and the cryptocurrency market to decline

News on March 21, after the Federal Reserve's interest rate meeting, the rise of U.S. stocks failed to continue due to economic uncertainty and Trump's tariff plan casting a shadow. On Thursday, major U.S. stock indices fluctuated and closed lower.

The SP 500 fell by 0.2%, Dow Jones dropped by 0.1%, and Nasdaq declined by 0.3%. Large tech stocks saw more losses than gains, with Tesla slightly up by 0.1%. The cryptocurrency market was volatile but overall showed a mild upward trend.

Last night, affected by the downturn in U.S stocks and compounded by Trump's repetitive speech at the DAS summit without any substantial benefits, Bitcoin experienced a rapid decline but has since rebounded to $84,650 with a drop of 1.33% over the past 24 hours. Most other mainstream tokens have seen some adjustments as well. BNB chain situation has recovered and continues to be the focus of investors' attention.

The market is digesting decisions from the Federal Reserve; however, investors are worried that Trump may impose more tariffs in April which could potentially trigger inflation that might limit Fed’s expected significant rate cuts causing an evident risk-averse sentiment in US stock markets.