Market Brief 26 March, 2025

Good evening, investors and traders! The markets are experiencing a volatile day, with the S&P 500 Index (GSPC) down by -1.12% to 5,711.73 and the Nasdaq 100 Index (NDX) down by -1.79% to 19,922.5. President Trump's plans to implement tariffs on cars and copper have caused significant market uncertainty, leading to a decline in tech stocks and a surge in gold prices. GameStop's announcement that it will raise $1.3 billion to buy Bitcoin has sparked excitement in the crypto market, with Bitcoin prices approaching $90,000. Fidelity's plans to launch its own stablecoin and BlackRock's expansion into Solana ETFs are further signs of institutional interest in the crypto space. The SEC's Crypto Task Force is hosting four more roundtables on digital asset regulation, signaling a potential shift in the regulatory landscape.