➡️ Crypto Market
$BTC briefly pushed toward $68K but got dragged back by equities, now hovering around $67K. Completely driven by Donald John Trump’s Middle East storyline — independent momentum is nowhere to be seen.
$ETH — aside from Tom Lee aggressively accumulating — it’s hard to tell who’s buying. Trading around $2,060 with little presence.
$SOL looks even worse. Barely any attention — even meme coins are being bought with USDC. Presence close to zero.
In short: the market is chopping sideways, everyone waiting for Trump’s next “taco.” 🌮
➡️ Global Equities
1️⃣ U.S. stocks mixed: Dow +0.11%, S&P 500 -0.39%, Nasdaq -0.73%.
2️⃣ Asian markets continued falling — KOSPI plunged 4% intraday. Middle East tensions + weak U.S. equities crushed sentiment.
➡️ Commodities
Gold finally halted its nine-day losing streak, rebounding to around $4,574/oz, though a stronger dollar caps upside.
Oil remains the real star: WTI +3.72% to $105.29 (first close above $100 since 2022); Brent climbed to $107.99.
➡️ Macro Dynamics
1️⃣ Trump again threatened Iran over ceasefire talks, warning the U.S. could destroy power plants, oil fields, and Kharg Island if the Strait of Hormuz is not reopened quickly.
2️⃣ Jerome Powell signaled dovishness Monday, easing rate-hike fears temporarily — but war risk could flip sentiment anytime.
3️⃣ Iran’s parliament approved transit fees for the Strait of Hormuz (payable in local currency) and is reviewing withdrawal from the Treaty on the Non-Proliferation of Nuclear Weapons.
4️⃣ The White House said Trump hopes to reach a deal with Iran before April 6.
The situation is far from stable.
5️⃣ The New York Stock Exchange approved Morgan Stanley’s spot BTC ETF (MSBT) with a 0.14% fee, challenging BlackRock’s IBIT. Meanwhile IBIT saw $201M in outflows, and total BTC ETF flows turned negative.
6️⃣ $WLD — the World Foundation sold 239M tokens OTC (~$65M, avg $0.2719). Some locked until June to reduce sell pressure. Sam Altman’s project continues distributing supply.
7️⃣ Aave Labs launched V4 and Aave Pro mainnet with a “hub + spoke” architecture. Alibaba released Qwen3.5-Omni multimodal model, while OpenAI open-sourced a Claude Code plugin.
AI arms race hasn’t slowed for a single day. 🤖
8️⃣ “Machi Big Brother” Jeffrey Huang added to positions after liquidation, cumulative losses exceed $31M.
Possibly the most expensive contrarian indicator in crypto
