Spot gold stands at $5,070 per ounce, up 0.94% intraday

Trump says Iran war is almost over, BTC needs to hold $70,000. What do technicals say?

U.S. President Trump stated on March 10th that the Iran war is "almost over," leading to a cooling of geopolitical risk sentiment and driving cryptocurrencies like BTC to reverse and break above $70,000. Market expectations for the end date of the war have significantly increased, and risk assets are generally rising. Reflecting on the airstrike on February 28th, the market had wiped out $12.8 billion, and most indicators remain neutral with a key resistance at $74,000. Noticing that oil prices have fallen below $100, which may further support risk assets. Today's U.S. CPI data will influence market sentiment.

Strategy accelerates Bitcoin accumulation, STRC's daily trading volume soars to $300 million

U.S. digital asset management firm Strategy accelerates Bitcoin purchases, with daily trading volume reaching a new high of nearly $300 million, highlighting increased institutional confidence. STRC offers greater flexibility, attracting investor attention, and may become a core tool for institutional Bitcoin purchases in the future.

Bitcoin Price Prediction: Wall Street Funds Flow Back into BTC, ETF Attracts $167 Million in a Single Day, Altcoin Funds Continue to Withdraw

Institutional funds are flowing back into the Bitcoin market, with the US stock spot Bitcoin ETF recording a net inflow of $167 million, while investments in Ethereum and others are continuously withdrawing. The current price of Bitcoin is approximately $71,000. Analysts believe that under the influence of the macro environment and geopolitical factors, institutions prefer Bitcoin. Long-term institutional holdings are still increasing, with future target prices possibly ranging from $110,000 to $170,000. On the technical side, $72,000 is an important resistance level, and a drop below $65,000 could trigger a correction.

Crypto Prices Remain Flat While Asia Secures Natural Gas Supplies

Crypto prices remained flat, with BTC and ETH showing minor declines. Asia secured new natural gas supplies amid conflict fears. In US stock indexes, Nasdaq rose slightly while Dow and S&P 500 fell, reflecting mixed market reactions.

Manufacturing industry is also accumulating Bitcoin: GIGA holdings surpass 1,250 coins, and corporate Bitcoin reserves continue to expand.

GIGA Inc. has increased its Bitcoin holdings by 38.03 BTC again, bringing the total to 1252 BTC. This indicates that corporate Bitcoin reserve strategies are expanding from the tech sector to traditional manufacturing industries, as companies begin to incorporate Bitcoin due to inflation and financial diversification needs. This trend has strengthened investor confidence in Bitcoin.

Circle stock price may hit $190: Stablecoin USDC application expansion, Wall Street optimistic about digital dollar payment prospects

Wall Street institutions are optimistic about the long-term growth prospects of stablecoin issuer Circle, predicting its stock price will rise by approximately 70%, with a target price close to $190. Analysts point out that as the application of stablecoins in financial activities expands, USDC's role in the global payment ecosystem continues to strengthen. At the same time, the programmable features of stablecoins and the development of AI technology may drive increased demand. Circle could benefit from the expansion of the digital dollar payment system and become an important part of the global financial system.