March 19th, the cryptocurrency market experienced pullback due to the rise of the US Producer Price Index (PPI) and escalating geopolitical tensions, with total market value evaporating approximately $83 billion and Bitcoin declining to around $71,000. Market risk-off sentiment increased, altcoins performed weakly, and LayerZero dropped below $2.15. The US-Iran conflict and rising energy prices intensified inflation concerns, with market expectations for prolonged high interest rates. While US regulatory advancement in securities tokenization presents long-term benefits, it is difficult to alleviate macro pressures in the short term.

March 18: Bitcoin price fell back to $72,300, down about 2%. Ethereum, Solana, and XRP declined nearly 3%. US President Trump took a hard stance on Iran, with geopolitical tensions causing WTI crude oil prices to rise. US February PPI data exceeded expectations, with markets focusing on the Federal Reserve's interest rate decision and Powell's remarks.

Gate News 消息，3 月 18 日，根據市場數據，美股盤前加密概念股普漲。MSTR 上漲 0.59%；SBET 上漲 0.12%；SBET 上漲 0.24%；BMNR 上漲 1.08%；CRCL 上漲 1.5%；某 CEX 相關概念股上漲 2.09%。

3月18日，美股存储概念股继续上涨，闪迪涨3.6%，美光科技涨2.7%。這導致鏈上空頭承壓，加密KOL CBB的空頭地址持倉約1290萬美元，浮虧約140萬美元，分別為SNDK和MU的空單虧損明顯。

On March 18th, gold and silver prices rose slightly, reaching $5,012.28/oz and $79.833/oz respectively. Bitcoin and Ethereum volatility indices showed mixed performance, while the US dollar rose slightly in the foreign exchange market. Global stock indices generally rose, while WTI and Brent crude oil prices declined.

在美联储即将公布利率决议前，CryptoQuant分析显示，衍生品市场情绪转向看多，比特币价格可能在7.5万至8.5万元遭遇阻力。多头仓位增加，资金费率转为正值，但若继续上涨需警惕阻力位。

On March 17, key changes appeared in XRP on-chain and exchange data synchronization, with exchange reserves rising to 2.78 billion tokens, and large whale funds flowing back in. The market is facing a new balance test. Although increased supply may bring selling pressure, changes on the demand side show that whale funds have turned positive, indicating increased market activity. If the supply-demand balance is maintained, XRP prices are expected to remain at high levels or rise further.

With the upgrade of XRP Ledger's privacy technology, market attention on XRP's price movement has intensified. The development of Zero-Knowledge Proof (ZKP) technology is expected to protect transaction privacy while supporting compliance audits, attracting financial institutions to participate. Current XRP price is around 1.46 US dollars, with recent structure showing strength. If it breaks through 1.50 US dollars, it could potentially rise further to higher targets. Market analysis points out that the introduction of privacy features may provide new growth logic for XRP's price.

Bitcoin's rise is mainly driven by put option selling at $55,000 and $60,000 levels, with traders closing positions forcing market makers to buy Bitcoin. The rally lacks bullish call buying, and as Bitcoin breaks through $76,000 today, it's pushing the crypto market higher.

2026-03-17 01:00至01:15（UTC）期间，BTC在現貨市場呈現收益率+0.71%，價格區間為75069.4至75967.9 USDT，振幅達到1.19%。該時間窗口內，市場關注度明顯提升，波動幅度加劇，短線資金流入驅動交易熱度升溫。 本次異動的主要驅動力是鏈上大額BTC轉入主流交易平台，尤其出現3筆單筆超1000 BTC的大額轉賬，顯著提高市場可用流動性。現貨與衍生品市場同步放