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The Federal Reserve's rate hike expectations rise again, Bitcoin fluctuates and weakens, and international oil prices regain upward momentum.
Mars Finance News, March 27 — According to market data, with the latest interest rate futures pricing indicating that the Federal Reserve will raise rates by about 15 basis points by the end of this year, Bitcoin has been volatile and weakening. It briefly dropped to $68,153 this morning and is now at $68,701, down 3.69% over the past 24 hours. In the last 24 hours, the total liquidation on the entire network reached $330 million, including $290 million in long positions and $40.08 million in short positions.
U.S. stocks closed on Thursday with international oil prices regaining upward momentum, but the three major indices ended lower. The Dow initially fell 1%, the S&P 500 declined 1.7%, and the Nasdaq Composite dropped 2.38%. U.S. stock-related cryptocurrency stocks also declined simultaneously, with Circle down 5.37% to $98.28; Coinbase down 4.26% to $173.38; and Strategy down 4.43% to $132.96.