Binance Square

起飞小喜

微博同名,感谢兄弟们关注支持!
BNB Holder
BNB Holder
Frequent Trader
4.5 Years
3 Following
1.3K+ Followers
600 Liked
31 Shared
Posts
·
--
Gold breaks through $4550, while Bitcoin struggles at $65,000: Why the 'digital gold' narrative fails in 2026?Spot gold once surged to $4555 per ounce. A report from the Chief Investment Office (CIO) of UBS Wealth Management is even more bullish, setting a price target of $5900 for early 2027, and even providing a mid-term target of $6200. Meanwhile, what is Bitcoin doing? It is still struggling in the range of $65000 to $67000. From the peak of $76000 on March 17, the pullback has exceeded 13%. Even more concerning is the technical aspect: the price is below all major moving averages, with the 10-day EMA and 20-day EMA hanging above at $68534 and $69230, respectively. The ADX indicator is only 16, which translates to — the market has no direction, like a headless fly.

Gold breaks through $4550, while Bitcoin struggles at $65,000: Why the 'digital gold' narrative fails in 2026?

Spot gold once surged to $4555 per ounce. A report from the Chief Investment Office (CIO) of UBS Wealth Management is even more bullish, setting a price target of $5900 for early 2027, and even providing a mid-term target of $6200.
Meanwhile, what is Bitcoin doing?
It is still struggling in the range of $65000 to $67000. From the peak of $76000 on March 17, the pullback has exceeded 13%. Even more concerning is the technical aspect: the price is below all major moving averages, with the 10-day EMA and 20-day EMA hanging above at $68534 and $69230, respectively. The ADX indicator is only 16, which translates to — the market has no direction, like a headless fly.
U.S. Cryptocurrency Legislation 'Choked': The Controversy Over Stablecoin Yields Becomes a Deadlock, White House Negotiations Yield No Results After Multiple Rounds, Legislation Faces 'Miscarriage' RiskA bill aimed at outlining a clear future for the vast digital asset market in the U.S. (the cryptocurrency market structure bill) is now stuck at a seemingly minor, yet actually fatal, juncture — should stablecoins provide users with 'interest'? Just today, Jason Somensatto, the policy director of the well-known cryptocurrency policy lobbying group Coin Center in Washington, revealed a crucial insight: "The issue of stablecoin yields is currently the 'main obstacle' to advancing the legislation. If this problem can be resolved, the remaining provisions can quickly lead to a handshake among everyone." 1. The deadly deadlock: The struggle between banks' 'rice bowls' and the industry's 'future'

U.S. Cryptocurrency Legislation 'Choked': The Controversy Over Stablecoin Yields Becomes a Deadlock, White House Negotiations Yield No Results After Multiple Rounds, Legislation Faces 'Miscarriage' Risk

A bill aimed at outlining a clear future for the vast digital asset market in the U.S. (the cryptocurrency market structure bill) is now stuck at a seemingly minor, yet actually fatal, juncture — should stablecoins provide users with 'interest'?
Just today, Jason Somensatto, the policy director of the well-known cryptocurrency policy lobbying group Coin Center in Washington, revealed a crucial insight: "The issue of stablecoin yields is currently the 'main obstacle' to advancing the legislation. If this problem can be resolved, the remaining provisions can quickly lead to a handshake among everyone."
1. The deadly deadlock: The struggle between banks' 'rice bowls' and the industry's 'future'
From 'three interest rate cuts' to '48% probability of rate hike': The interest rate shock behind Bitcoin's drop below 66,000, the Federal Reserve is pricing in the warBitcoin, the 'digital gold' most sensitive to liquidity, has sent us an alarming signal with a bearish candle breaking below $66,000. Source of the alarm: Data from the swap market shows that the market has begun to price in a Federal Reserve interest rate hike before January 2027, with a probability as high as 48%. With the ongoing war in Iran, the effective blockade of the Strait of Hormuz has led to the 'most severe supply disruption in the history of the global oil market.' The data does not lie: Iraq, which once exported 3.4 million barrels of oil daily, has seen its export volume plummet to a mere 250,000 barrels per day.

From 'three interest rate cuts' to '48% probability of rate hike': The interest rate shock behind Bitcoin's drop below 66,000, the Federal Reserve is pricing in the war

Bitcoin, the 'digital gold' most sensitive to liquidity, has sent us an alarming signal with a bearish candle breaking below $66,000.
Source of the alarm: Data from the swap market shows that the market has begun to price in a Federal Reserve interest rate hike before January 2027, with a probability as high as 48%.
With the ongoing war in Iran, the effective blockade of the Strait of Hormuz has led to the 'most severe supply disruption in the history of the global oil market.' The data does not lie: Iraq, which once exported 3.4 million barrels of oil daily, has seen its export volume plummet to a mere 250,000 barrels per day.
Shocking! Why does the eighty-year-old blonde lady not shake her blue lotus?
Shocking! Why does the eighty-year-old blonde lady not shake her blue lotus?
Shitcoins "blood flowing like a river": Kite down 19%, ENA down 7%, WLD down 10% Data is cold, but it best illustrates the problem. In the past 24 hours: Kite (KITE), the new darling of the AI concept, plummeted 19% without warning, crashing to $0.18, failing to hold the key 23.6% Fibonacci retracement level. Ethena (ENA), the project adorned with the halo of decentralized stablecoins, was not spared either, dropping 7%, hovering below $0.1, severely pressured by the declining 50-day moving average. Worldcoin (WLD), born with a silver spoon and endorsed by OpenAI founder Sam Altman, also faced a heavy setback, falling 10% and breaching the key psychological level of $0.3, with technical indicator RSI (Relative Strength Index) approaching 33, just a step away from the oversold zone. In the crypto world, Bitcoin is seen as "digital gold," while stablecoins like USDT and USDC are directly pegged to the dollar, making them the preferred choice to avoid volatility. This trend of funds concentrating from shitcoins to Bitcoin and stablecoins is like a giant pump, crazily extracting liquidity from the shitcoin market, leading to a rapid collapse of its valuation system. The abyssal gaze of Kite (KITE): KITE's 19% drop is not only ugly in numbers, but more importantly, it broke through the key technical support level. Currently, its next lifeline is the 50-day exponential moving average (50-day EMA) at $0.1728. This is an important dividing line between bulls and bears. Once this position is lost, KITE will be completely exposed to the firepower of the bears, with the next target likely being the previous low of around $0.18 — but given that it has already broken through, it is more likely to probe deeper. For this AI concept coin, market confidence is undergoing a severe test. The cliff edge of Worldcoin (WLD): WLD breaking below $0.3 is itself an extremely dangerous signal. From a technical perspective, if WLD cannot quickly recover lost ground and even fails to reclaim the previous support level of $0.3211, then a deeper decline may await it. At that point, the next target for bears will be aimed directly at the vicinity of $0.243. $WLD $KITE $ENA
Shitcoins "blood flowing like a river": Kite down 19%, ENA down 7%, WLD down 10%

Data is cold, but it best illustrates the problem. In the past 24 hours:

Kite (KITE), the new darling of the AI concept, plummeted 19% without warning, crashing to $0.18, failing to hold the key 23.6% Fibonacci retracement level.

Ethena (ENA), the project adorned with the halo of decentralized stablecoins, was not spared either, dropping 7%, hovering below $0.1, severely pressured by the declining 50-day moving average.

Worldcoin (WLD), born with a silver spoon and endorsed by OpenAI founder Sam Altman, also faced a heavy setback, falling 10% and breaching the key psychological level of $0.3, with technical indicator RSI (Relative Strength Index) approaching 33, just a step away from the oversold zone.

In the crypto world, Bitcoin is seen as "digital gold," while stablecoins like USDT and USDC are directly pegged to the dollar, making them the preferred choice to avoid volatility. This trend of funds concentrating from shitcoins to Bitcoin and stablecoins is like a giant pump, crazily extracting liquidity from the shitcoin market, leading to a rapid collapse of its valuation system.

The abyssal gaze of Kite (KITE): KITE's 19% drop is not only ugly in numbers, but more importantly, it broke through the key technical support level. Currently, its next lifeline is the 50-day exponential moving average (50-day EMA) at $0.1728. This is an important dividing line between bulls and bears. Once this position is lost, KITE will be completely exposed to the firepower of the bears, with the next target likely being the previous low of around $0.18 — but given that it has already broken through, it is more likely to probe deeper. For this AI concept coin, market confidence is undergoing a severe test.

The cliff edge of Worldcoin (WLD): WLD breaking below $0.3 is itself an extremely dangerous signal. From a technical perspective, if WLD cannot quickly recover lost ground and even fails to reclaim the previous support level of $0.3211, then a deeper decline may await it. At that point, the next target for bears will be aimed directly at the vicinity of $0.243.
$WLD $KITE $ENA
Trump's "10-day probation" and the Pentagon's "10,000 troop increase": The war puzzle behind Bitcoin's drop below $67,000, who is pricing geopolitical risks?On March 27, the price fell below $67,000, reported at $66,290, a cumulative drop of 2% this week. But what really makes people feel anxious is not the drop itself, but the increasingly clear script - Monday calls for easing, Wednesday escalates, and Friday brings another turnaround. It's the fifth consecutive week, the same formula, the same taste. Extending an olive branch while sharpening knives Trump spoke again. On March 26, he posted on social media that at the "request" of the Iranian government, the "destruction operation" targeting Iranian energy facilities was postponed for 10 days. He also casually mentioned: negotiations are "progressing very smoothly".

Trump's "10-day probation" and the Pentagon's "10,000 troop increase": The war puzzle behind Bitcoin's drop below $67,000, who is pricing geopolitical risks?

On March 27, the price fell below $67,000, reported at $66,290, a cumulative drop of 2% this week. But what really makes people feel anxious is not the drop itself, but the increasingly clear script - Monday calls for easing, Wednesday escalates, and Friday brings another turnaround. It's the fifth consecutive week, the same formula, the same taste.
Extending an olive branch while sharpening knives
Trump spoke again. On March 26, he posted on social media that at the "request" of the Iranian government, the "destruction operation" targeting Iranian energy facilities was postponed for 10 days. He also casually mentioned: negotiations are "progressing very smoothly".
🎙️ Newcomer starts broadcasting on the second day, multiple troops must win
background
avatar
End
01 h 49 m 17 s
17
2
0
Morgan Stanley becomes the first major U.S. bank to issue a Bitcoin ETF, with a $10 trillion asset management giant entering the marketOn March 26, 2026, Morgan Stanley. This financial behemoth, managing nearly $10 trillion in assets, officially announced that it will issue and sponsor its own Bitcoin spot ETF. Why are banking giants getting involved directly? For the past two years, the main players in the Bitcoin ETF stage have been asset management companies and crypto-native institutions. From Grayscale's struggle to transform, to BlackRock and Fidelity's strong entry, they resemble 'arms dealers,' providing ammunition to the market. Meanwhile, top investment banks like Morgan Stanley have previously played more of a 'distributor' or 'agency platform' role.

Morgan Stanley becomes the first major U.S. bank to issue a Bitcoin ETF, with a $10 trillion asset management giant entering the market

On March 26, 2026, Morgan Stanley. This financial behemoth, managing nearly $10 trillion in assets, officially announced that it will issue and sponsor its own Bitcoin spot ETF.
Why are banking giants getting involved directly?
For the past two years, the main players in the Bitcoin ETF stage have been asset management companies and crypto-native institutions. From Grayscale's struggle to transform, to BlackRock and Fidelity's strong entry, they resemble 'arms dealers,' providing ammunition to the market. Meanwhile, top investment banks like Morgan Stanley have previously played more of a 'distributor' or 'agency platform' role.
Russia's 'Cryptocurrency Opening': New Bill Approves BTC, ETH, SOL to Enter Regulated Market, 600 Billion USD Market Cap Becomes Entry Hard ThresholdToday, the latest amendment, named the (Digital Currency and Digital Rights Law), marks Russia's official opening of a door for cryptocurrencies. The core content of the bill is simple and blunt: it allows a small number of leading cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), to enter the compliant market in Russia for trading. However, the conditions for entry are quite stringent — over the past two years, the average market capitalization must exceed 5 trillion rubles (approximately 6 billion USD), while the average daily trading volume must not be less than 1 trillion rubles (approximately 120 billion USD), and there must also be a trading history of at least five years.

Russia's 'Cryptocurrency Opening': New Bill Approves BTC, ETH, SOL to Enter Regulated Market, 600 Billion USD Market Cap Becomes Entry Hard Threshold

Today, the latest amendment, named the (Digital Currency and Digital Rights Law), marks Russia's official opening of a door for cryptocurrencies.
The core content of the bill is simple and blunt: it allows a small number of leading cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), to enter the compliant market in Russia for trading. However, the conditions for entry are quite stringent — over the past two years, the average market capitalization must exceed 5 trillion rubles (approximately 6 billion USD), while the average daily trading volume must not be less than 1 trillion rubles (approximately 120 billion USD), and there must also be a trading history of at least five years.
Happy~Received the custom figurine and electric toothbrush sent by Binance, it's awesome, no issues at all! Perfectly restored~Amazing! My Weibo avatar has always been Maruchiel, I love it to death❤️
Happy~Received the custom figurine and electric toothbrush sent by Binance, it's awesome, no issues at all! Perfectly restored~Amazing!
My Weibo avatar has always been Maruchiel, I love it to death❤️
The Congressional Showdown Between Banks and the Crypto Industry: Stablecoin Yield Clause Enters Line-by-Line Review, White House Reaches Preliminary CompromiseToday, advocates from the crypto industry and representatives from the banking sector gathered on Capitol Hill, fervently debating a few words—specifically, the wording of "yield" in the stablecoin bill. The White House has also been active; according to insiders, a preliminary compromise proposal is already on the desks of the senators. The crux lies in: Can stablecoins actually provide interest to holders? One clause, two fates According to the currently leaked draft text, lawmakers are considering whether platforms can provide some "sleeping money" dividends for the "idle balances" of stablecoins—essentially, if your USDT or USDC just sits there, can the platform give you some returns?

The Congressional Showdown Between Banks and the Crypto Industry: Stablecoin Yield Clause Enters Line-by-Line Review, White House Reaches Preliminary Compromise

Today, advocates from the crypto industry and representatives from the banking sector gathered on Capitol Hill, fervently debating a few words—specifically, the wording of "yield" in the stablecoin bill. The White House has also been active; according to insiders, a preliminary compromise proposal is already on the desks of the senators.
The crux lies in: Can stablecoins actually provide interest to holders?
One clause, two fates
According to the currently leaked draft text, lawmakers are considering whether platforms can provide some "sleeping money" dividends for the "idle balances" of stablecoins—essentially, if your USDT or USDC just sits there, can the platform give you some returns?
This Week's Crypto Calendar: SEC/CFTC Regulatory Framework Comes Into Effect, Polymarket's Major News, Tokenized Congressional Hearing - Three Major Events Set the Tone for Q2 DirectionToday is March 23, 2026, Monday. And starting from this week, three 'bombshells' will drop, which will not only ignite short-term market sentiment but also set the narrative direction for the entire second quarter. 1. The decade-long regulatory marathon has ended, and the crypto world welcomes the 'Great Charter'. Just today, March 23, 2026, the regulatory guidance for crypto assets jointly issued by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has officially come into effect. First, it has clarified the boundaries for assets. The guidance has established a classification system of five categories, historically categorizing mainstream crypto assets like Bitcoin and Ethereum as 'digital commodities', rather than securities. What does this mean? It means that the CFTC will become their primary regulator, and the SEC's stringent securities laws will no longer hang over them like a sword, which undoubtedly injects enormous certainty into the entire market.

This Week's Crypto Calendar: SEC/CFTC Regulatory Framework Comes Into Effect, Polymarket's Major News, Tokenized Congressional Hearing - Three Major Events Set the Tone for Q2 Direction

Today is March 23, 2026, Monday. And starting from this week, three 'bombshells' will drop, which will not only ignite short-term market sentiment but also set the narrative direction for the entire second quarter.
1. The decade-long regulatory marathon has ended, and the crypto world welcomes the 'Great Charter'.
Just today, March 23, 2026, the regulatory guidance for crypto assets jointly issued by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has officially come into effect.
First, it has clarified the boundaries for assets. The guidance has established a classification system of five categories, historically categorizing mainstream crypto assets like Bitcoin and Ethereum as 'digital commodities', rather than securities. What does this mean? It means that the CFTC will become their primary regulator, and the SEC's stringent securities laws will no longer hang over them like a sword, which undoubtedly injects enormous certainty into the entire market.
Trump's '48-hour button' pressed: Bitcoin flashed crash breaking $68,300, $247 million evaporated in 1 hour, and long positions accounted for 93%Bitcoin's price plummeted unexpectedly from a high position, with a massive red K-line instantly breaking through the critical support level of $68300, with a decline exceeding 3% at one point. Ethereum has been even more brutal, with a decline close to 5%, precariously approaching the $2050 mark. In just one hour, the total liquidation amount across the network reached $247 million. In this tragedy of wealth evaporation, over 93% of the victims are bullish longs. Within 24 hours, 78,700 people worldwide have been forcibly liquidated, turning $299 million of real money into nothing. The Crypto Fear & Greed Index needle has also suddenly turned during this bloodbath, plummeting to 10, falling into the abyss of 'extreme fear.'

Trump's '48-hour button' pressed: Bitcoin flashed crash breaking $68,300, $247 million evaporated in 1 hour, and long positions accounted for 93%

Bitcoin's price plummeted unexpectedly from a high position, with a massive red K-line instantly breaking through the critical support level of $68300, with a decline exceeding 3% at one point.
Ethereum has been even more brutal, with a decline close to 5%, precariously approaching the $2050 mark. In just one hour, the total liquidation amount across the network reached $247 million. In this tragedy of wealth evaporation, over 93% of the victims are bullish longs. Within 24 hours, 78,700 people worldwide have been forcibly liquidated, turning $299 million of real money into nothing.
The Crypto Fear & Greed Index needle has also suddenly turned during this bloodbath, plummeting to 10, falling into the abyss of 'extreme fear.'
Surfing on a certain platform, I saw the news of Mei Yi's arrest, which is a cause for celebration. This thing is truly touching, it was once a nightmare childhood shadow.
Surfing on a certain platform, I saw the news of Mei Yi's arrest, which is a cause for celebration.
This thing is truly touching, it was once a nightmare childhood shadow.
Bitcoin Technical Analysis 'Double Scenario': Hold at 68800 to see 72000, if it breaks then down to 43000? On-chain indicators point to historical bottom.The price of Bitcoin has been repeatedly fluctuating below 70000 dollars. Short-term battlefield: the life-and-death line at 68800 dollars Since this week, the range between 68800 and 69000 dollars has transformed from a former resistance level into an exceptionally solid support platform. Scenario A: Hold on, then counterattack at 72000 The first level above is the resistance zone between 72000 and 72800 dollars. Once it can effectively break through and stabilize at 72000 dollars, market panic will greatly ease, which can be seen as a strong short-term reversal signal. Scenario B: Break down, sliding into deeper unknowns The first support level below is at 67800 dollars, but this may only be a brief respite. A deeper and more critical support zone is between 65000 and 66000 dollars.

Bitcoin Technical Analysis 'Double Scenario': Hold at 68800 to see 72000, if it breaks then down to 43000? On-chain indicators point to historical bottom.

The price of Bitcoin has been repeatedly fluctuating below 70000 dollars.
Short-term battlefield: the life-and-death line at 68800 dollars
Since this week, the range between 68800 and 69000 dollars has transformed from a former resistance level into an exceptionally solid support platform.
Scenario A: Hold on, then counterattack at 72000
The first level above is the resistance zone between 72000 and 72800 dollars. Once it can effectively break through and stabilize at 72000 dollars, market panic will greatly ease, which can be seen as a strong short-term reversal signal.
Scenario B: Break down, sliding into deeper unknowns
The first support level below is at 67800 dollars, but this may only be a brief respite. A deeper and more critical support zone is between 65000 and 66000 dollars.
The "Powder Keg" of the Strait of Hormuz Explodes: Iran Attacks the World's Largest LNG Base, Brent Oil Hits $119, Why Did Bitcoin Drop Below 70,000?In the early hours of March 19, the night sky over the Persian Gulf was torn apart by flames. The Islamic Revolutionary Guard Corps of Iran launched the 63rd round of the "Real Commitment-4" operation, targeting the Ras Laffan Industrial City in Qatar — the world's largest liquefied natural gas production base. Ras Laffan Industrial City's annual production capacity is about 77 million tons, accounting for one-fifth of the global LNG supply. In other words, for every five ships transporting liquefied natural gas on Earth, one sails from here. 1. From Oil to Natural Gas: This "Energy War" is Escalating Previously, the conflict focused mainly on oil facilities, and it was widely believed that Iran would cautiously avoid touching the "red line" of natural gas. After all, Qatar is the world's largest LNG exporter, and any disruption in its supply would have catastrophic consequences for winter heating and industrial production in Europe and Asia.

The "Powder Keg" of the Strait of Hormuz Explodes: Iran Attacks the World's Largest LNG Base, Brent Oil Hits $119, Why Did Bitcoin Drop Below 70,000?

In the early hours of March 19, the night sky over the Persian Gulf was torn apart by flames. The Islamic Revolutionary Guard Corps of Iran launched the 63rd round of the "Real Commitment-4" operation, targeting the Ras Laffan Industrial City in Qatar — the world's largest liquefied natural gas production base. Ras Laffan Industrial City's annual production capacity is about 77 million tons, accounting for one-fifth of the global LNG supply. In other words, for every five ships transporting liquefied natural gas on Earth, one sails from here.
1. From Oil to Natural Gas: This "Energy War" is Escalating
Previously, the conflict focused mainly on oil facilities, and it was widely believed that Iran would cautiously avoid touching the "red line" of natural gas. After all, Qatar is the world's largest LNG exporter, and any disruption in its supply would have catastrophic consequences for winter heating and industrial production in Europe and Asia.
Bitcoin Breaks Below 50-Day EMA: If $68839 Fails, Next Stop $62945—Technical Life and Death Line AnalysisBitcoin has broken below the 50-day EMA (exponential moving average), closing under $71089. To be honest, when looking at the market, four words popped into my mind: very ominous. The next key support is $68839. This level gathers a lot of factors: Fibonacci retracement levels, cost lines for short-term holders, and institutional holding cost zones… You can think of it as a "multiple defense line"; once breached, the lower $62945 (the low on February 5) may not be able to stop the inertia of the decline. Let's talk about the 50-day EMA indicator. Experienced traders know that it is different from a regular simple moving average—EMA gives more weight to recent prices, reacting faster and being more sensitive. Bitcoin closing below this line will trigger stop-loss orders from technical traders, forming a negative feedback loop of "decline → triggering stop-loss → accelerating decline."

Bitcoin Breaks Below 50-Day EMA: If $68839 Fails, Next Stop $62945—Technical Life and Death Line Analysis

Bitcoin has broken below the 50-day EMA (exponential moving average), closing under $71089. To be honest, when looking at the market, four words popped into my mind: very ominous.
The next key support is $68839. This level gathers a lot of factors: Fibonacci retracement levels, cost lines for short-term holders, and institutional holding cost zones… You can think of it as a "multiple defense line"; once breached, the lower $62945 (the low on February 5) may not be able to stop the inertia of the decline.
Let's talk about the 50-day EMA indicator. Experienced traders know that it is different from a regular simple moving average—EMA gives more weight to recent prices, reacting faster and being more sensitive. Bitcoin closing below this line will trigger stop-loss orders from technical traders, forming a negative feedback loop of "decline → triggering stop-loss → accelerating decline."
The Federal Reserve's "hawkish" stance: the probability of a rate cut within the year slashed from 100% to 50%, 135,000 people liquidated, and $450 million turned to ashes.In the early morning of March 19, the Federal Reserve announced as expected to maintain interest rates at 3.50%-3.75%—this was within expectations. What really caught the market off guard was the harsh statement during the press conference: "If there is no progress on inflation, there will be no rate cuts." The probability of a rate cut within the year was halved from 100% before the meeting to 50%. The cryptocurrency market was the first to "sacrifice," with Bitcoin dropping over 4% in 24 hours, momentarily falling below the $71,000 mark; Ethereum suffered even more, plunging 5.59%. CoinGlass data shows that in the past 24 hours, 135,000 people across the network faced liquidation, with a total amount reaching $450 million—of which long positions accounted for $380 million, a staggering 84%.

The Federal Reserve's "hawkish" stance: the probability of a rate cut within the year slashed from 100% to 50%, 135,000 people liquidated, and $450 million turned to ashes.

In the early morning of March 19, the Federal Reserve announced as expected to maintain interest rates at 3.50%-3.75%—this was within expectations. What really caught the market off guard was the harsh statement during the press conference: "If there is no progress on inflation, there will be no rate cuts."
The probability of a rate cut within the year was halved from 100% before the meeting to 50%. The cryptocurrency market was the first to "sacrifice," with Bitcoin dropping over 4% in 24 hours, momentarily falling below the $71,000 mark; Ethereum suffered even more, plunging 5.59%. CoinGlass data shows that in the past 24 hours, 135,000 people across the network faced liquidation, with a total amount reaching $450 million—of which long positions accounted for $380 million, a staggering 84%.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs