$ALEO Gate News report states that on March 22, influenced by Trump's 48-hour ultimatum to Iran and threats to strike power infrastructure, Bitcoin declined sharply over the weekend, breaking through the 69,200 US dollar level, with a 24-hour decline of approximately 2.2% and a weekly decline expanding to 3.1%. Dragged down by market sentiment, major crypto assets weakened in sync: Ethereum fell to approximately 2,114 US dollars, while XRP, BNB, Solana, Dogecoin and others all recorded declines of varying degrees. The Federal Reserve held interest rates unchanged this week, and its dovish stance should have supported risk assets, but continuous war risk news has prevented traders from making significant one-sided bets. The rally previously driven by market ceasefire expectations reversed sharply over the weekend. If Iran fails to restore Strait of Hormuz passage within the deadline, conflict could further escalate to the energy infrastructure level, combined with approximately 20% of global oil and natural gas transportation being disrupted.

ALEO-2,18%
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