March 16, 2025 | A summary of the most noteworthy crypto news from the past 24 hours!

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1⃣ Bitcoin unexpectedly surged to $72,000 , while Ethereum only increased slightly and is fluctuating around $2,100 – $2,200 .

After several days of narrow fluctuations, the crypto market finally showed a clear upward trend.

2️⃣ Some analysts believe that after the options expiration on March 20th , large amounts of money are betting that Bitcoin could reach the $75,000 mark .

Currently, the options market is becoming a factor that can strongly impact the price of BTC in the short term .

3️⃣ Veteran trader Peter Brandt has just Chia a chart showing Bitcoin forming a “megaphone” pattern on the daily timeframe.

According to this structure, the price may rise rapidly to a new peak , then enter a sideways phase or a short-term correction .
Interestingly, overnight, market sentiment seemed to have shifted quite optimistically .

4️⃣ On the Hyperliquid trading platform, crude oil contracts recorded $550 million in 24-hour volume , while Nasdaq-100 contracts reached approximately $130 million .

Experts believe that if tensions in the Middle East continue , crude oil trading could remain active.

5️⃣ Data from Binance shows that the ratio of ETH spot to futures volume has fallen to its lowest level since 2023 .

Some traders XEM this as a positive sign, while others believe the market is becoming more cautious .

6️⃣ The Nvidia GTC technology event has officially opened.

The event features an OpenClaw experience zone where attendees can:

  • Buy NVIDIA DGX Spark hardware directly.

  • With expert assistance in setting up the OpenClaw "Lobster" environment.

Meanwhile, Chinese AI company Zhipu AI also launched its GLM-5-Turbo model, optimized for the OpenClaw ecosystem.

The new model is said to be 2–3 times faster , but the API price has also increased by about 20% .

7️⃣ A hacker is suspected of manipulating the liquidation mechanism of THE Token collateral , causing the Venus Protocol to record approximately $2.15 million in liquidations .

This incident once again demonstrates that liquidation mechanisms in DeFi can still be exploited .

8️⃣ Donald Trump stated that tariffs remain his most important policy .

He also warned that if U.S. allies do not support reopening shipping lanes through the Strait of Hormuz , NATO could face a “very difficult future.”

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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