Greeks.live: US Stock Decline Drags Bitcoin Below $71,000, Quarterly Expiration Week Approaching May Enter Low Volatility Range

robot
Abstract generation in progress

Deep Tide TechFlow News, March 19th, According to Adam@Greeks.live (@BTC__options), the U.S. stock market experienced a significant decline after 18:00 last night, driving Bitcoin down from 74,000 to 71,000, and this sentiment spread to the altcoin market. However, the upward wave triggered by this decline was very short-lived, and volatility has already fallen back to below yesterday afternoon’s levels this morning.

Despite Powell’s hawkish comments, warning of inflation risks from regional conflicts and hinting that the Federal Reserve may not cut interest rates this year, the market had already priced in these expectations, and the decision was within expectations. As the quarterly delivery week approaches, unless there is a major shock, Bitcoin may enter a low-volatility period.

BTC-5.2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin