2026-03-09 05:50:10

On March 9, according to HTX market data, Bitcoin's price briefly fell below $66,000 this morning. Last week’s rebound was almost fully erased, returning to a downward trend, with a decline of about 1.35% over the past 24 hours. In the past 24 hours, the entire network experienced $329 million in liquidations, including $228 million in long positions and $101 million in short positions.

Due to conflicts in Iran leading to further production cuts by major oil-producing countries, both US and Brent crude oil prices broke through $100 per barrel on Monday. The Dow futures initially fell by 2%, Nasdaq futures are currently down 1.65%, and S&P 500 futures declined by 1.7%.

JonesTrading Chief Market Strategist Michael O‘Rourke said, “The worst reaction in the stock market has not yet arrived. Before seeing substantial positive news, I expect risk aversion sentiment to continue spreading.” Meanwhile, hedge funds have reduced their net risk exposure to the lowest level since 2022$BTC

BTC2.37%

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