Traditional Finance Drop Alert: JPN225 Falls Over 1.5%

US Treasury yields rose to 4.41%, stock market correction approaching, Bitcoin fell from 90,000 USD to 60,000 USD at one point

Bitcoin has experienced a sharp pullback, with traditional financial markets showing signs of following suit. Rising US Treasury yields are pushing up borrowing costs, leading to decreased risk appetite in the stock market. Bitcoin's price is currently oscillating between $65,000 and $75,000, with market concerns persisting over future volatility. Investors need to monitor the correlation between interest rates and risk assets.

Bitcoin ETF Ends Seven-Day Winning Streak, Bitcoin Price Pressure Returns

US Bitcoin spot ETFs have turned to outflows following seven consecutive trading days of net inflows, indicating a shift toward more conservative capital allocation. Bitcoin price briefly fell below $70,000, reflecting weakened market sentiment and capital flows. ETF outflows stem from market reassessment of the macro environment, as investors reduce risk appetite amid elevated interest rate expectations and geopolitical risks. $70,000 has become a near-term technical dividing line between bulls and bears, with technical indicators suggesting market confidence still needs to be restored.

Iran's Strongman Warns "Buy US Treasuries and We'll Strike You": US Supporters Listed as Strike Targets, 10-Year Yield Surges Toward August High

Iran's Parliament Speaker Ghalibaf warned US Treasury holders, threatening them as military strike targets, directly linking financial actions with military coercion, impacting the US debt market and causing the 10-year yield to rise to 4.4055%. The market has nearly abandoned expectations for rate cuts, and the crypto market faces a situation of reassessing Bitcoin's safe-haven capabilities. Heightened geopolitical risks will impact the global financial system.

Trump Issues Ultimatum to Iran! Reopen Strait of Hormuz Within 48 Hours, Global Assets Under Pressure Simultaneously

US President Trump issued an ultimatum to Iran, threatening to destroy its power plants and demanding the reopening of the Strait of Hormuz. Iran responded by blockading the strait, causing market volatility due to geopolitical tensions. US stock futures declined, crude oil prices soared, and gold fell due to a strong dollar, demonstrating the market's lack of resilience to crisis.

Pi Network Price Surge Outpaces Market, Protocol 20 Upgrade Boosts Market Confidence

Pi Network's recent price has risen to $0.198, outperforming the broader crypto market, primarily driven by capital rotation and the launch of a new token platform developed through Protocol 20 upgrades. Analysts point out that PI's gains reflect fundamental improvements rather than passive market influences. Going forward, PI's price movement will be affected by altcoin season indices and market sentiment, with $0.20 serving as resistance and $0.19 as support.

TRIA (Tria) up 33.5% in 24 hours, now trading at 0.04949 USD

Gate News: On March 23, according to Gate market data, as of press time, TRIA (Tria) rose 33.5% in 24 hours, now trading at $0.04949; reaching a high of $0.0508 and a low of $0.0358, with 24-hour trading volume reaching $35.9272 million. Tria is a cross-chain routing engine with a self-custodial crypto neobank at its core. The platform enables users to spend, stake, and swap across 200+ chains—no gas, no seed phrases, no stress. One app, every chain, zero complexity. Tria provides multiple core features: users can spend digital assets through the Tria card in 150+ countries, supporting top-ups with over 1,000 tokens, with no custodial intermediaries.