Last night’s explosive information collection! 1 minute to fill the information gap丨3/28

📉 Cryptocurrency Market

🔸 $BTC has been hit hard again, sliding from 70k to around 66k, suffering from the dual blows of escalating Middle Eastern conflict and rising interest rate expectations, dropping over 4% in 24 hours; the bulls clearly can't hold on this time.

🔸 $ETH continues to follow Bitcoin, currently reported at around 1992 USD, with basically no independent market action.

🔸 $SOL is also falling in sync, and not much bright spot has been seen temporarily.

👉 Personally, I feel that for a real short-term rebound, we still need to see if there are substantial signs of easing in the Middle East situation. Otherwise, it’s highly likely that it will continue to test the space below 66k.

📊 Global Stock Market

🔸 Last night, U.S. stocks fell across the board:

NASDAQ down 2.15%

Dow down 1.73%

S&P down 1.67%

😮‍💨 As the situation in the Middle East escalates, market sentiment was directly crushed, risk assets are collectively under pressure, and investors are forced to pick up the tab again.

🛢️ Commodities

🔸 Gold ended its continuous pullback and turned back to rise, increasing by 1.88% during the day, with risk aversion sentiment clearly returning.

🔸 Crude oil soared to around 114 USD again due to the impact of Iran blocking the Strait of Hormuz, with risks of energy supply disruptions reaching a peak.

👉 The market logic is very clear now: the more chaotic it is, the stronger gold and crude oil become; the more chaotic it is, the tougher risk assets feel.

🌍 Macroeconomic Dynamics

1️⃣ The Iranian Revolutionary Guard announced that the Strait of Hormuz is closed and has launched strikes against Israeli bases and U.S. military logistics targets; the U.S. assesses that the conflict may continue for another 2-4 weeks.

👉 This means that the conflict is unlikely to end in the short term, and inflationary pressures will likely continue to ferment.

2️⃣ Trump continues to openly support cryptocurrencies, stating that the U.S. will become a global Bitcoin superpower.

3️⃣ Insiders say that White House officials remain cautiously optimistic about the latest negotiations with Iran.

4️⃣ Morgan Stanley officially entered the Bitcoin ETF race and submitted an application for an ultra-low fee rate of only 14 basis points, with competition among institutions becoming increasingly fierce.

5️⃣ Fannie Mae has accepted cryptocurrency assets as collateral for home down payments for the first time, with Coinbase participating in the collaboration, moving the RWA narrative forward by another step.

6️⃣ NYSE parent company ICE has added a 600 million USD investment to Polymarket, with total exposure exceeding 1.6 billion USD, indicating that the prediction market has officially entered an institutional acceleration phase.