Bitcoin's price fluctuated between $81,100 and $83,748 today, influenced by expectations of the Federal Reserve's interest rate decision, with cautious market sentiment.

New demand for Bitcoin remains weak, with increased selling pressure from long-term holders. Institutional funds have net flowed out of ETFs, totaling $4.58 billion.

Bitcoin spot ETFs had a total net inflow of $209 million yesterday, with BlackRock's ETF IBIT leading at a net inflow of $218 million. Ethereum spot ETFs saw a total net outflow of $52.8156 million yesterday, continuing a 10-day net outflow.

Despite U.S. Treasury Secretary Yellen announcing the halt of Bitcoin sales and the establishment of a strategic reserve, the market responded calmly, with some investors choosing to take profits.

The Trump administration is pushing for the legalization of cryptocurrencies, but tariff policies have raised concerns about stagflation risks, leading to a sell-off in risk assets. Pakistan has established its first national-level cryptocurrency committee (PCC) to plan a regulatory framework.

The Federal Reserve will announce its interest rate decision tonight, with only a 1% chance of a rate cut in March.

U.S. authorities have withdrawn charges against the founder of the decentralized social network BitClout.

Pennsylvania has approved the construction of the Nova Energy natural gas cryptocurrency mining facility.

North Carolina's Bitcoin reserve bill will authorize 10% of public funds to be used for purchasing Bitcoin.

The mainnet migration is complete, with 6.883 billion tokens transferred, but only 1.707 billion are in circulation. The official team is creating scarcity through a buyback mechanism. The first decentralized exchange, daoSwap, has completed KYB certification and is about to launch.

The FTX bankruptcy auction has triggered selling pressure risks: 11.2 million SOL (approximately $1.48 billion) will be unlocked in March from the FTX bankruptcy auction, increasing short-term liquidity risks that may pressure SOL prices and market sentiment.

All three major U.S. stock indices closed down: the Dow, Nasdaq, and S&P 500 fell by 0.62%, 1.71%, and 1.06%, respectively. Large technology stocks generally declined, with Tesla dropping 5.34% due to controversies over its autonomous driving technology and Nvidia falling 3.43% (despite announcing plans for a new generation of AI chips). Cryptocurrency-related sectors led the decline, with market sentiment leaning towards caution.

Gold prices reached a record high: COMEX gold futures broke through $3,040 per ounce as safe-haven demand surged. Investor interest in gold ETFs has increased significantly, with some funds potentially diverting to crypto assets as alternative safe-haven tools.

Summary: The capital market is weak due to the drag from tech stocks, with institutional funds withdrawing from U.S. stocks and shifting to other assets, while gold, as a safe-haven asset, has reached new highs. The cryptocurrency market faces selling pressure risks from the FTX bankruptcy auction, but remains supported by institutional adoption and tokenization trends in the long term. Uncertainty in Federal Reserve policy and geopolitical risks continue to be the main causes of market volatility, and investors need to pay attention to further signals from macroeconomic data and regulatory developments.

#币圈那点事 #加密货币 #宏观政策 #市场风向