Israeli media: Israel launches a preemptive strike against Iran

Bitcoin and US stock correlations unexpectedly turned positive in March, as markets simultaneously plunged into extreme panic.

As Middle Eastern geopolitical conflicts intensify, Bitcoin's correlation with U.S. stocks has reversed, with the two moving in tandem. Market sentiment has plunged into "extreme panic." Analysts maintain a cautious outlook on the market ahead, warning of potential severe volatility. If Bitcoin breaks below $68,000, it could potentially decline to $65,000.

Stablecoin "Skeptics" Take Helm at Bank of Korea, Shifting Legislative Prospects for Korean Won Stablecoin

South Korean President Lee Jae-myung nominated Shin Heung-soon as central bank governor, sparking new developments in stablecoin regulation. Shin Heung-soon takes a cautious approach, which may impact the legislative process for won-pegged stablecoins. The market is closely watching potential shifts in his stance on stablecoins. This personnel change comes at a critical policy juncture, with technology companies anticipating new regulations to advance digital finance.

Iran Warns of "Funding U.S. Military Equals Being a Target," U.S. Treasury Security Challenged, Global Financial Markets Seek Emergency Safe Haven

Iran warned that agencies assisting the U.S. military could become targets of attack, sparking concerns among global investors and impacting market sentiment for safe-haven assets such as U.S. Treasuries. Geopolitical risks may cause fluctuations in bond yields, interest rates, and commodity markets, and investors should pay attention to their long-term effects.

Bank of China Issues Risk Prevention Tips for Precious Metals Market, Recommends Rational Investment by Customers

Gate News reports that on March 23rd, Bank of China released a reminder regarding strengthening risk prevention in the precious metals market. Recently, global geopolitical risks have intensified, and under multiple factors, domestic and international precious metals price volatility has further increased. To protect the interests of customers engaged in precious metals-related businesses such as accumulated gold, accumulated interest gold, and account precious metals, Bank of China specially reminds customers to implement market risk prevention measures, conduct rational investments based on their own financial situation and risk tolerance, reasonably control precious metals positions, and reduce the impact of phase-specific price fluctuations through long-term investment, thereby preventing fund loss risks brought about by market volatility.

Federal Reserve Rate Cut Expectations Disappear, Bitcoin and Crypto Market Bullish Logic Falters

CME data shows that the probability of Federal Reserve rate cuts has dropped to zero, while the probability of rate hikes has increased to 12.4%. The market's interest rate expectations have been rapidly repriced, causing Bitcoin's price to pull back to $68,739. Rising crude oil prices and increased inflation expectations have further diminished the appeal of crypto assets. Analysts warn that the higher the probability of rate hikes, the lower institutional interest in Bitcoin becomes, putting pressure on the market in the short term.