U.S. stock index futures open lower, Nasdaq and Dow Jones drop over 1%

Middle East conflict escalates, impacting the market! Bitcoin rebounds to $67,000 after dropping below $65,000.

The worsening situation in the Middle East has led to significant volatility in Bitcoin prices. On Monday, Bitcoin briefly fell to $65,112 but quickly rebounded to $67,400, indicating active buying at support levels. The market's sensitive response to the escalation of war and increasing macroeconomic pressures has resulted in a divergence in the performance of mainstream assets. The future trend of Bitcoin will be influenced by geopolitical conflicts and macro variables, and it may continue to maintain high volatility.

U.S.-Iran War Escalates: Trump Plans to Seize Hark Island, Brent Oil Surpasses 115, Taiwan Stocks Plummet

The U.S.-Iran conflict escalates again; Iran prepares for possible incursions. The U.S. is considering taking over Halk Island, and oil prices surge rapidly. Israeli airstrikes on Iran trigger a retaliatory response, with the Houthis making their first move. Market reaction is intense: Taiwan stocks plunge, inflation expectations change the path of monetary policy, and the global economy faces recession risk.

Gold plummets, "safe haven for funds" changes hands? JPMorgan: During the war, "Bitcoin becomes the new favorite for hedging."

JPMorgan pointed out that in the Middle East conflict, Bitcoin has shown strong resilience against declines, with significant capital inflows and active trading, while gold and silver are facing capital outflows. Under high interest rates and strong dollar pressure, gold prices have dropped by about 15%. With its borderless characteristics, Bitcoin has become a safe-haven choice, and institutional investors are also adjusting their positions, indicating a decrease in gold liquidity while Bitcoin liquidity is increasing.

BNP Paribas in France opens Bitcoin ETN trading, launching 6 digital products.

BNP Paribas will launch six exchange-traded notes (ETNs) linked to Bitcoin and Ethereum for retail customers in France on March 30, marking the latest step of traditional financial institutions entering the regulated crypto space. These ETN products comply with MiFID II regulations, allowing investors to participate without holding cryptocurrencies, thereby increasing market accessibility and compliance. The bank is also advancing its blockchain infrastructure development and digital asset strategy.

ETH breaks below a key support level, forming a bear flag pattern

Ethereum has currently broken below a key support level, presenting a bearish flag pattern, indicating a potential continuation of the downward trend. Trading volume is sluggish, market participation is insufficient, and there is a continued net outflow from ETFs. The minting of USDC has slowed, liquidity recovery is unstable, and time is needed to repair demand.

BlackRock is recruiting a Managing Director for Digital Assets, with a maximum annual salary of $350,000.

BlackRock is recruiting a Managing Director for Digital Assets, with an annual salary of up to $350,000, focusing on cryptocurrency, stablecoins, and tokenization strategies. Recent ETF fund outflows show a divergence in performance between IBIT and ETHA, with market confidence in Bitcoin stronger than in Ethereum. Additionally, Morgan Stanley plans to launch a low-fee Bitcoin ETF, which may pose competitive pressure on BlackRock.