Risk atmosphere raises the price of the BTC with ISP data

By James Van Stratotn (at all times and unless otherwise indicated)

Macroeconomic factors continue to stimulate the volatility of short-term Bitcoin (BTC) prices because it is stable above $ 80,000, a wave of important news emerging in the past 24 hours.

However, there is a feeling of risk in air as the divergence between bitcoin and the wider market of cryptography increases. The domination of Bitcoin increased to 62%, approaching a higher level of the year, while the Bitcoin Ether (Eth-BTC) ratio has become negative on an annual basis of four years, which means that the ETH is underperforming.

Meanwhile, Trump’s trade wars persist as another reinstated concern in market optimism. It is not only with Canada, but also in the form of metal rates, which caused reprisal measures of the European Union.

One of the most intriguing developments comes from Canada, where Prime Minister, appointed Mark Carney, has made bonds in US dollars. Although the size of the sale is not disclosed, it should be noted that the country is the sixth holder of US Treasury bills, having $ 379 billion at the end of 2024. If the sale takes place, it could exert upward pressure on yields, which is the opposite of what Trump wants.

The yield story of the Treasury is essential because approximately 9 billions of dollars of the American debt should mature or require refinancing this year only. This is one of the main reasons why the American administration is impatient to lower the yields of the treasury.

More immediately, the attention of the market turns to the report on the today’s consumer price index (ICC), the risk-active bulls hoping for a softer impression of inflation. The S&P 500 hovers around the correction territory, down almost 10%. If inflation is warmer than expected, risk assets could cope with a drop more. Stay vigilant!

What to look at

• Crypto:
• Macro
  • March 12, 8:00 a.m.: The Brazilian Institute of Geography and Statistics (IBGE) publishes consumption price inflation data in February.
    • Mom inflation rate is. 1.3% compared to prev. 0.16%
    • Yoy inflation rate is. 5% against Prev. 4.56%
  • March 12, 8:30 am: The American Labor Statistics Bureau (BLS) publishes consumption price inflation data in February.
    • MOM basic inflation rate is. 0.3% against prev. 0.4%
    • YOY central inflation rate is. 3.2% against Plan. 3.3%
    • Mom inflation rate is. 0.3% against prev. 0.5%
    • Yoy inflation rate is. 2.9% against Plan. 3%
  • March 12, 9:45 am: The Bank of Canada announces its interest rate decision followed by a press conference (live link) 45 minutes later.
    • Interest rate of the policy is. 2.75% against prev. 3%
  • March 12, 12:00 p.m.: Russia Federal State Statistics Service publishes consumption price inflation data in February.
    • Mom inflation rate is. 0.8% against prev. 1.2%
    • Yoy inflation rate is. 10.1% compared to PREV. 9.9%
  • March 13, 8:30 am: The American Labor Statistics Bureau (BLS) publishes inflation data from the price of February producers.
    • PPI Core Mom is. 0.3% against prev. 0.3%
    • Core Ppi Yoy is. 3.6% against Plan. 3.6%
    • Ppi Mom is. 0.3% against prev. 0.4%
    • PPI Yoy is. 3.3% against Plan. 3.5%
• Gains (Estimates based on facts)
  • March 12 (TBC): Terawulf (Wulf), -0.03 $
  • March 14: Bit Digital (BTBT), pre -market, -0.05 $
  • March 24 (TBC): Galaxy Digital Holdings (TSE: GLXY), C $ 0.38

Token events

• Governance votes and calls
• Unlocking
  • March 12: Aptos (Apt) to unlock 1.93% of the supply in circulation worth $ 58.26 million.
  • March 14: Starknet (Strk) to unlock 2.33% of its food in circulation worth $ 10.67 million.
  • March 15: SEI (SEI) to unlock 1.19% of its supply in circulation worth $ 10.35 million.
  • March 16: Arbitrum (ARB) to unlock 2.1% of its food in circulation worth $ 31.53 million.
  • March 18: Fasttoken (FTN) to unlock 4.66% of its food in circulation worth $ 79.60 million.
  • March 21: immutable (IMX) to unlock 1.39% of the supply in circulation worth $ 12.70 million.
• Token lists
  • March 31: Binance to bring back USDT, FDUSD, TUSD, USDP, DAI, AUR, UST, USTC and PAXG.

Conferences

Talk about tokens

By Shaurya Malwa

• BMT tokens freshly emitted with bubbles, a transparency tool for cryptography and chain analysis, are down more than 50% since their broadcast on Tuesday.
• Bubblemaps uses the clustering to group the addresses of the bubble portfolio, revealing whale concentrations, initiate control or suspicious models (for example a deployer with 76% of the supply), helping investors to assess the risks thanks to visual property cards.
• BMT can be used to access an “Intel Bureau” for community -oriented scams and premium analysis functionalities, and participate in governance.
• People slam BMT for a concentration of supply of almost 90% in a portfolio, a mentable contract risking inflation, a deployment of elitist air excluding a lot and unlocked liquidity raising fears of rugs, which is rather ironic for a project focused on transparency.

Positioning of derivatives

• The cumulative open interest in the future of ETH standards and perpetuals has increased to 9.75 million eTh, the highest since February 3. The count went from 8.4 million eth eth to four weeks ago, which shows that traders sold on the drop in the market.
• Open interest in BTC Perr and standard term contracts remain light, with marginally positive financing rates. Sol, ADA, TRX and Link still see negative perpetual financing rates.
• The BTC and Eths options listed in derived continue to present a bias to expire May, with significant constructive prospects for calls emerging from the third quarter.
• Night block flows presented the sale of higher BTC and ETH calls and the purchase of short-Tenor put.

Market movements:

• BTC is down 0.55% from 4 p.m. HE Tuesday to $ 82,577.14 (24 hours: + 0.87%)
• ETH is down 2.6% to $ 1,892.41 (24 hours: -1.58%)
• Coindesk 20 is down 1% to 2,556.70 (24 hours: + 0.52%)
• The CESR ether composite pace is up 32 BPS at 3.43%
• The BTC financing rate is 0.007% (2.54% annualized) on Binance

• Dxy is down 0.31% to 103.52
• Gold is unchanged at $ 2,914.29 / Oz
• Silver increased by 0.69% to $ 33.01 / Oz
• Nikkei 225 closed unchanged at 36,819.09
• Hang Seng Closed -0.76 to 23,600.31
• FTSE is up 0.43% to 8,532.17
• Euro Stoxx 50 is up 1.19% to 5,373.08
• Djia closed Tuesday -14% to 41,433.48
• S&P 500 closed -0.76% to 5,572.07
• Nasdaq closed -0.18% to 17,436.10
• The S&P / TSX composite index closed -0.54% at 24,248.20
• S&P 40 Latin America closed + 0.44% to 2,307.52
• The 5 -year American treasure rate is unchanged at 4.28%
• E-Mini S&P 500 Futures increased by 0.54% to 5,607.25
• The term contracts on the NASDAQ-100 E-Mini increased by 0.67% to 19,529.25
• E-Mini Dow Jones Industrial Industrial Terns on the index of the index increased by 0.37% to 41,627.00

Bitcoin statistics:

• BTC dominance: 62.13 (-0.16%)
• Ethereum / Bitcoin ratio: 0.02290 (-0.06%)
• Hashrate (Mobile average at seven days): 815 huh / s
• Hashprice (spot): $ 46.1
• Total costs: 6.03 BTC / 490,764 $
• CME Futures open interest: 142 725 BTC
• BTC Gold Price: 28.3 OZ
• BTC vs Gold Bourse Capt: 8.04%

Technical analysis

• The dollar index, which represents the greenback exchange rate compared to a basket of fiduciary currencies, fell below the Fibonacci retracement medium of 61.8% of the rally from the end of September to January.
• Ventilation means that a potential version of American Soft CPI could easily send the index to slide to 102.31, the retrace support of 78.6%.
• A deeper slide in the dollar may well increase for risk assets, including BTC.

Cryptographic actions

• Strategy (MSTR): closed Tuesday at $ 260.59 (+ 8.91%), down 0.58% to $ 259.09 in pre-market
• Coinbase Global (corner): closed at $ 191.69 (+ 6.95%), unchanged in pre-commercialization
• Galaxy Digital Holdings (GLXY): closed at $ 17.27 CA (-1.09%)
• Mara Holdings (Mara): closed at $ 13.32 (-0.67%), down 0.68% to $ 13.23
• Riot Platforms (Riot): closed at $ 7.72 (+ 2.12%), down 0.26% to $ 7.70
• Core Scientific (CORZ): closed at $ 8.63 (+ 7.74%), down 0.46% to $ 8.59
• Cleanspark (CLSK): closed at $ 8.26 (+ 3.51%), down 0.73% to $ 8.20
• Coinshares Valkyrie Bitcoin Miners Etf (WGMI): closed at $ 15.08 (+ 4.14%)
• Semler Scientific (SMLR): closed at $ 32.80 (+ 0.18%)
• Exodus movement (Exodus): closed at $ 24.50 (-0.41%), up 0.94% to $ 24.73

ETF Flows

BTC ETFS spot:

• Daily net flow: – $ 371 million
• Cumulative net flows: $ 35.47 billion
• Total BTC Holdings ~ 1,121 million.

ETH ETFF SPOT

• Daily net flow: – $ 21.6 million
• Cumulative net flows: $ 2.66 billion
• Total of Eth Holdings ~ 3.571 million.

Source: Wacky investors

Nightflow

Graphic of the day

• The graph shows a daily trading volume on the hyperliquid, the main decentralized exchange focused on perpetual.
• Despite the market market, volumes were remarkably stable, contrasting the net slowdown of other ways like Raydium de Solana.

While you slept

In ether