24-hour City Circle News Headlines

Dear family, the market is gearing up, yet there is a flow of funds out of the bull market, which undoubtedly hinders its development. Bitcoin may struggle to maintain the positive threshold of 80,000, despite the dominance of the three ETF giants, but new players are also quietly building up their strength. In reality, this bull market is far from over, and Bitcoin has even entered the realm of national strategic reserves. Previously, Trump wanted taxpayers to foot the bill, but voters were not on board, and in the end, the market may be the true arbiter. There’s also the case of Durov being arrested in Paris, leading to a reversal of fortune, spending $6 million to regain freedom; do people think that price is expensive? Now, the capital fundamentals are starting to flow back in, the once FOMAL sentiment has already ended, and Libra founder Davis is once again cashing in, deeply entangled in insider trading, causing the project to go to zero with one click.
24-hour data headlines from the crypto circle. According to CME Federal Reserve observations, before the March 20 FOMC meeting, the probability of the Federal Reserve lowering interest rates by 25 basis points was only 2%, while the probability of maintaining the interest rate was as high as 98%. Market expectations for rate cuts have significantly decreased, with only a 0.5% chance of a cumulative 50 basis point cut in May, and a 71.8% probability of keeping it unchanged, indicating a trend of further cooling in the macro market.

Affected by these factors, the total market capitalization of cryptocurrencies has fallen to $2.8 trillion, with a 24-hour decline of 3%. Worse still, since January 20, the day Trump officially began his second term, the total market capitalization of cryptocurrencies was $3.62 trillion, and now, just two months later, the market cap has evaporated by $821 billion, a decline of 22%. Moreover, U.S. stocks continue to fall, dragging the global market down, and the crypto market is also unable to avoid capital outflow, with investors increasingly lowering their risk appetite, leading to a generally conservative market sentiment.