US Dollar Index DXY breaks 99, hits a new high since January 20

WTI crude oil surges 7% intraday, surpassing $76 per barrel

ChainCatcher reports that, according to Gate market data, WTI crude oil surged 7% intraday, surpassing $76 per barrel. Brent crude oil increased 5.7% intraday, currently trading at $82.14 per barrel.

Northern Trust Enters Tokenized Treasury Market With BNY

Northern Trust Asset Management (NTAM) has taken a fresh step into blockchain finance. On March 2, the firm launched a tokenized share class of its NIF Treasury Instruments Portfolio. The move brings one of traditional finance’s biggest players into the fast-growing tokenized assets space. NTAM

Wintermute: Despite a brief rebound on Monday, the market remains fragile. Caution is advised.

Wintermute stated that Iran's geopolitical conflicts are causing volatility in risk assets, leaving the cryptocurrency market fragile. After a brief rebound, it remains under pressure. Despite ETF inflows, institutional participation is noticeably insufficient, and the bear market trend for altcoins continues. Investors are advised to remain cautious and monitor the developments of the conflict and their impact on energy costs and interest rate expectations.

Traditional Finance Alert: VIX Rises Over 9%

Gate News bot message: According to the latest Gate TradFi data, VIX has risen by 9% in the short term, and the current volatility is significantly higher than the recent average level, indicating increased market activity.

Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment

Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge. Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in

Crypto ETFs face the longest outflow trend! Bitcoin and Ethereum ETFs lose over $9 billion in four months

U.S. Bitcoin and Ethereum spot ETFs have experienced net outflows for four consecutive months, with a total loss of over $9 billion, indicating a significant decline in institutional investors' confidence in the crypto market. Bitcoin prices have fallen from $126,000 last December to $66,000, while Ethereum has dropped more than 60%. The market sentiment has cooled, and sustained capital inflows are needed to improve the situation.