The Fed Rate Hike Expectation Rises Again, Bitcoin Price Volatility Weakens, International Oil Price Resumes Uptrend

BlockBeats News, March 27th, according to HTX market data, as the latest pricing of interest rate futures indicates the Fed will raise interest rates by about 15 basis points by the end of this year, Bitcoin has weakened after oscillating, falling to $68,153 this morning, currently trading at $68,701, a 24-hour decrease of 3.69%. In the past 24 hours, the total liquidation across the network was $330 million, with long liquidations at $290 million and short liquidations at $40.08 million.

The U.S. stock market closed on Thursday, with international oil prices regaining momentum and the three major indexes under pressure. The Dow fell by 1% initially, the S&P 500 fell by 1.7%, and the Nasdaq Composite Index fell by 2.38%. U.S. stock cryptocurrency concept stocks simultaneously fell, with Circle down 5.37% at $98.28; Coinbase down 4.26% at $173.38; Strategy down 4.43% at $132.96.