Spot gold falls below $5,000 per ounce

ETF Absorbs Over $1.1 Billion Yet Struggles to Rescue the Market? Powell and Oil Prices Team Up to Put Pressure On, Bitcoin Breaks Key Support

Despite Bitcoin ETF inflows of $1.16 billion, Bitcoin price pulled back to $71,000, declining over 4%. Analysts attribute the pullback to interest rate expectations and inflation pressures, while ETF inflows indicate that institutions view Bitcoin as a long-term asset. The weakness in U.S. equities has also impacted the crypto market.

Trump Issues Stern Warning to Iran: Strike on Qatar's Oil and Gas Assets Will Trigger Global Energy Crisis if New Attack Occurs

US President Trump warns that if Iran continues attacking Qatar's energy facilities, he will strike its South Pars gas field. Iranian missile attacks on Qatar's critical infrastructure have triggered market concerns, driving up oil prices, with geopolitical risks affecting global energy supply. Multiple countries have called for de-escalation of the situation.

Prediction Markets Bet on Prolonged Iran Conflict, Fed Hawks Suppress Bitcoin Price

According to Polymarket data, the probability of a ceasefire between the US and Iran by March 31 is 7%, indicating the market's pessimistic view on the conflict. The Federal Reserve decided on Wednesday to keep interest rates unchanged and raised its inflation expectations for 2026, under which impact Bitcoin fell nearly 4% to $71,017. Market volatility simultaneously affected Brent crude oil and the stock market, demonstrating the complex situation resulting from the interweaving of various factors.

Gold and Bitcoin decline simultaneously by 3.6% and 4.6%, respectively, as the global market faces stagflation shocks.

On March 19, escalating geopolitical conflicts and hawkish Federal Reserve policies exposed global markets to stagflation pressures driven by oil. Rising oil prices, coupled with declining equities and metals, also impacted cryptocurrencies. Macroeconomic dynamics revealed intensifying energy tensions and widespread risk-averse sentiment across markets.

U.S. National Debt Breaks $39 Trillion for First Time, 30-Year Yield Surges Near 4.9%; Japan, UK, and China Continue to Increase Holdings

US federal debt surpassed $39 trillion for the first time, with 30-year Treasury yields climbing to nearly 4.9%. Despite deteriorating fiscal prospects, overseas holdings of US Treasuries increased by $34.8 billion in January, defying the trend and signaling robust foreign demand for US debt. Analysts note that holdings of US Treasuries are driven not only by attractive yields but also by their unparalleled liquidity. The complex signals sent by high debt levels and elevated yields will shape future market directions.

SEC Partners with Wall Street Giants to Advance Tokenized Securities, Market Structure May Face Reshaping

The development of tokenized securities in the United States is led by the core financial system, with the SEC driving regulatory frameworks, and traditional markets and large asset management companies accelerating asset tokenization, indicating that traditional finance is gradually integrating blockchain technology, which is expected to reshape the structure of capital markets.