$ALEO Gate News reports that on March 22, influenced by Trump's 48-hour ultimatum to Iran and threats to strike power facilities, Bitcoin fell sharply over the weekend, breaking through the $69,200 level, with a 24-hour decline of approximately 2.2% and a weekly decline expanding to 3.1%. Dragged down by market sentiment, major crypto assets weakened in sync: Ethereum fell to approximately $2,114, while XRP, BNB, Solana, and Dogecoin all recorded declines of varying degrees. The Federal Reserve maintained interest rates unchanged this week, and its dovish stance should have supported risk assets, but continuous war risk news has made traders reluctant to take significant one-sided positions. The rally previously driven by ceasefire expectations reversed rapidly over the weekend. If Iran fails to restore transit through the Strait of Hormuz within the deadline, the conflict could further escalate to the energy infrastructure level, combined with approximately 20% of global oil and natural gas transportation being disrupted.

ALEO-3.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin