GM20260302
1) Market Trend
BTC is down, altcoins are generally down.
U.S. stocks are down, gold is soaring. Over the weekend, the U.S. launched airstrikes, and the Iranian leader was attacked and killed.
2) Market Highlights:
1. BTC is down, gold is up. BTC is showing more characteristics of risk assets similar to U.S. stocks.
2. The contract rates for RWA's XAU and XAG are as high as 1100%. The PAXG contract rate is actually negative. There is a significant difference in contract rates for precious metals between BN's contracts and Bybit's CFDs.