ETH falls below the $1800 mark

BlockBeats News: On April 6th, Haseeb Qureshi, Managing Partner of Dragonfly, published an article analyzing the current trend of the cryptocurrency market. He stated that the stability of Bitcoin prices may be due to its combination of gold and Nasdaq attributes - surviving in the midst of rising gold and falling technology stocks. The sustained buying momentum of MicroStrategy is also providing support. Haseeb stated that the market currently expects interest rate cuts and the resumption of quantitative easing, and as the most risky asset, altcoins are the first to benefit. In addition, unlike stocks and bonds, altcoins are not directly affected by tariffs. He also believes that last Friday, retail investors were buying at the bottom of the stock market, while institutional funds were flowing out; Due to the dominance of retail investors and the lack of significant fluctuations in funding, the price of altcoins remains firm.

Odaily Planet Daily News GMGN Lianchuang Haze said at the web3 Carnival in Hong Kong that GMGN made Solana worth 60 million dollars, but one didn't sell all the pledges. Before establishing GMGN, I spent 4 years working on on on chain data. This includes linking on chain addresses with Twitter, mouse trap analysis, and on chain address labeling. Nowadays, using GMGN to trade Solana meme coins from the blockchain to the end of the transaction only takes 0.58 seconds, and the average block time for Solana is 0.4 seconds.

BlockBeats News: On April 6th, according to The Kobeissi Letter, on February 20th, J.P. Morgan CEO Jamie Damon sold $234 million worth of JPM stock. On February 22nd, Warren Buffett disclosed a record breaking cash balance of $334 billion. After 30 trading days, the Nasdaq 100 index plummeted by -24%. Both of them have successfully "escaped to the top", demonstrating their exceptional market acumen. They are also commonly regarded as the 'leading indicators' of the US stock market. In addition, so far this year, Warren Buffett's net worth has achieved net growth. Since January 1st, Buffett's net worth has increased by $12.7 billion, reaching $155 billion. He is the only billionaire on the top 10 list whose net worth has not decreased since 2025.

According to Bloomberg, during this week's stock market crash, Scott Besant, the US Treasury Secretary and former hedge fund executive, continuously received text messages from Wall Street executives. Several hedge fund managers and financial executives hope he can persuade Trump to withdraw the tariff policy, as he served as the Chief Investment Officer at Soros Fund Management and is seen as a potential "market-oriented" ally. However, insiders have revealed that Besant is not the main driver of tariff policies, but rather analyzes the impact of different tariff levels on the market and economy during White House meetings. The policy was ultimately formulated by a small group within Trump's inner circle, with many key decisions being finalized at the last minute. At present, Trump's economic policy of promoting "Made in America" is conflicting with the interests of Wall Street, which has long relied on global trade, and even some Republican lawmakers have begun to issue warnings about tariff policies.

According to Foresight News, the US Securities and Exchange Commission (SEC) will hold its second roundtable meeting on cryptocurrency regulation on April 11th.