According to Investinglive analyst Adam Button, the US March overall and core PPI annual and monthly rates were all significantly lower than market expectations. Given that market forecasts primarily revolved around the anticipated surge in energy prices, the focus is on where the discrepancy lies. While energy prices did indeed rise sharply, the increase was less than expected: refined oil products surged (gasoline +15.7%, diesel +42.0%, etc.), but natural gas plummeted by 51.7%, partially offsetting the overall impact. The service sector unexpectedly remained flat (0.0% month-on-month), and this sector, accounting for approximately 68% of the total, was the main reason for the weaker-than-expected data. One driving factor was declining trade margins, with retailers absorbing some energy costs rather than passing them on. Transportation prices rose by 1.3%, but with only 5% of the total, it was insufficient to offset the shortfall. Food prices fell by 0.3%, also dragging down the overall data. In short, market expectations overemphasized crude oil, underestimating three factors: the plunge in natural gas prices, the compression of trade margins, and the slowdown in inflation in core services. Energy transmission did exist, but its magnitude was narrow, and the pricing power of other parts of the economy weakened. (Jinshi)

According to Punchbowl, the hearing for Federal Reserve Chair nominee Warsh is scheduled for April 21. JPMorgan Chase CEO Jamie Dimon previously stated that Warsh is an excellent candidate for Fed Chair and that his confirmation "the sooner the better." Meanwhile, US Senator Scott expressed confidence that the Justice Department will soon conclude its investigation into current Fed Chair Jerome Powell. (Jinshi)

Odaily Planet Daily reports that Ledger, a cryptocurrency hardware wallet manufacturer, has released its 2026 AI security roadmap for the AI proxy economy, with the core objective of ensuring that humans always retain ultimate control. The company has appointed Chief Experience Officer Ian Rogers as its first Human Intelligence Agency Officer to lead the implementation of its AI security strategy. The roadmap is being rolled out in four phases: a hardware device integration toolkit is already available; in Q2, AI proxy hardware will be linked to identity; in Q3, proxy intent and policies will be implemented, supporting trusted hardware approval; and in Q4, a "human verification" feature will be added. Ledger uses hardware security as its core, providing a final confirmation layer for AI proxy transactions, mitigating asset and identity risks, and helping developers build secure proxy payment infrastructure. (TheBlock)

Odaily Planet Daily reports that Bitcoin treasury company Strategy announced it will release its first-quarter 2026 financial results after the US stock market closes on May 5, 2026, and will hold a video conference at 5:00 PM Eastern Time on the same day to explain the results. (Businesswire)

Odaily Planet Daily reports that Bitcoin is approaching the key resistance level of $75,000, and several analysts believe this level could be a watershed moment for the market to shift from consolidation to a new upward trend. Mati Greenspan, founder of Quantum Economics, points out that if BTC can effectively hold above $75,000, it will signify a structural breakout and could attract new funds; however, failure to hold this level could create a "bull trap," although strong support remains around $65,000. Coinmetro CEO Kevin Murcko states that psychological levels like $75,000 are typically areas where traders concentrate their efforts, easily triggering profit-taking and divergent opinions. Analysts further point out that if the breakout is confirmed, BTC could potentially test the $85,000 range, but the upside potential still depends on factors such as the macroeconomic environment, ETF inflows, and market liquidity. Meanwhile, some argue that $75,000 is more of a psychological barrier, and true structural confirmation may require holding above higher levels. (CoinDesk)