By James Van Straten (all times one unless otherwise stated)

The recent market tour could have given gold the boasts to be the “value of value”, while “digital gold” is fighting, at least for now.

Gold futures for delivery of April have surpassed $ 3,000 per year. Ounce for the first time ever, marking a historic milestone for precious metal. Spot Gold is consolidated just under $ 3,000 per day. Ounce, an increase of 15% year to date, while its digital counterpart, Bitcoin (BTC), fights-down 12% this year and hovering about $ 80,000.

This divergence emphasizes Gold’s role as the ultimate secure-harbor act in the current economic environment.

Since mid -February, USOT BITCOIN ETFs have experienced only three days of influx, causing the total net flow to fall from $ 40 billion to approx. $ 35 billion, according to Eric Balchunas, a senior Bloomberg Etf analyst.

Meanwhile, the S&P 500 has entered the correction area, fallen over 10% and struggles to regain its 200-day moving average in the middle of escalating geopolitical tensions. Further tariffs imposed by former President Trump and stopped ceasefire negotiations between President Putin and Ukraine has worsened global uncertainty.

Other Dragosch, head of research at Bitwise in Europe, attributes Gold’s Record Highs and US stock sales to increasing expectations of the short and medium term, combined with declining consumer confidence.

“The recent rally in gold for new high times is likely to reflect both rising inflation expectations and a wider flight for security,” explains Dragosch. “In fact, both short- and medium-term inflation expectations at the University of Michigan Consumer Survey have risen to high decades. American consumers are becoming more and more concerned about inflation, probably because of the Trump administration’s new customs policies. “

He also notes, “Meanwhile, US equities have sold due to increasing financial uncertainty driven by these trade policies as well as increasing recession risks in the midst of a slowdown in the labor market. Both factors have significantly bent the price of gold. “

What to look at

• Crypto:
• Macro
  • March 14, 8:00: The Brazilian Institute of Geography and Statistics (IBGE) releases January producer price inflation data.
    • PPI Mother Prev. 1.48%
    • PPI Yoy Prev. 9.42%
  • March 14 at. 10am: University of Michigan’s March (US) Consumer Mood (Preliminary) Index Est. 63.1 vs. Prev. 64.7.
  • March 14 at. 15:00: Argentina’s National Institute of Statistics and Census releases February -inflation data.
    • Inflation rate mother est. 2.4% against prev. 2.2%
    • Inflation rate yoy est. 66.8 against prev. 84.5%
  • March 16, 7 p.m. 22.00: The National Bureau of Statistics of China releases February Employment Data.
    • Unemployment rate previous. 5.1%
• Earnings (Estimates based on Factset -Data)
  • March 14: Bit Digital (BTBT), Pre -Market, $ -0.05
  • March 24 (TBC): Galaxy Digital Holdings (TSE: GLXY), C $ 0.38

Token -events

• Management votes and calls
  • Apecoin DAO discusses the creation of a monkey base in Lhasa, Tibet Autonomous Region, China. It also discusses the creation of apesitters aimed at giving the Bayc community a “user-friendly tool to create personalized sites.”
  • Aave Dao discusses the launch of Horizon, a licensed occurrence of the Aave Protocol to allow institutions to “access permission -free stablecoin liquidity while meeting issuer requirements.”
  • Balances DAO discusses the implementation of Balance V3 on up Mainnet.
  • March 14: Cow Dao’s vote on the incorporation of a 4-Entry legal structure for the organization ends.
  • March 14, 7 p.m.
• Unlock
  • March 14: Starknet (Strk) to lock 2.33% of its circulating supply worth $ 11.15 million.
  • March 15: SEI (SEI) to lock 1.19% of its circulating supply worth $ 10.06 million.
  • March 16: The violence (work) to lock 2.1% of its circulating supply worth $ 32.29 million.
  • March 18: Fast -token (FTN) to lock 4.66% of its circulating supply worth $ 79.80 million.
  • March 21: Immutable (IMX) to lock 1.39% of circulating supply worth $ 12.91 million.
  • March 23: Metars Genesis (MRS) to lock 11.87% of its circulating supply worth $ 102.6 million.
  • March 23: mantra (about) to lock 0.51% of its circulating supply worth $ 31.2 million.
• Token lists
  • March 18: Paws (Paws) to be performed on Bybit.
  • March 31: Binance to Devist Usdt, FDUSD, TUND, USDP, DAI, AEUR, UST, USTC and PAXG.

Conferences

Token Talk

By Oliver Knight

• In an otherwise muted day for altcoins, Hyperliquids the native token leads the package after rising by 9.5% in the last 24 hours. The boost comes as the decentralized exchange peaked $ 1 trillion in cumulative volume this month with $ 4.8 billion worth of derivatives in the last day alone.
• The same cannot be said for other defi-tokens such as Aave, Lido and Pyth, all of whom have been between 19% and 21% down in the last seven days after not recovering from a market-covering leap over the weekend.
• A trader earned a cool $ 108,000 after purchasing Base Memecoin Doginme on Thursday only for Coinbase to list the token on Friday and spur a 150% rally.

Derivatives Location

• Earlier this morning, the price of Bitcoin jumped to $ 82,895 from levels below $ 80,000 and hit a cluster of short liquidation development worth $ 52.1 million, according to Coinglass. The next significant liquidation level is $ 79,760, keeping liquidations worth $ 41.9mn.
• Among the assets with over $ 100 million pnut, near protocol, stars and Trump end the top five, with their open interest rising 19.7%, 15.8%, 14.8% and 11.8% a day. Layer-1 Network SEI (SEI) experienced the highest fall in open interest and fell 17.2% to $ 101mn.
• In the Bitcoin options market on deribit, call options at a rigor price of $ 100,000 hold the highest open interest rate with a nominal value of $ 1.5 billion, followed by $ 1.35 billion in open interest at $ 120,000 strike. However, the relationship between Call, currently at 0.52, signals significant interest rates, with the largest put contracts having $ 800 million and $ 700 million in open interest rates at strike prices of $ 80,000 and $ 75,000 respectively.

Market Movement:

• BTC has increased by 2.93% from 1 p.m. 16 A Thursday to $ 82,739.17 (24 hours: -0.57%)
• ETH has increased by 2.38% to $ 1,890.23 (24 hours: -0.55%)
• Coindesk 20 has risen 3.36% at 2,592.81 (24 hours: -0.14%)
• Ether Cesr Composite Staking Rate is down 17 BPS at 2.99%
• BTC financing rate is at 0.0025% (2.79% annual) on Binance

• DXY is unchanged at 103.88
• Gold has risen 0.71% of $ 3,000.95/OZ
• Silver has increased 0.83% of $ 33.97/OZ
• Nikkei 225 closed +0.72% at 37,053.10
• Hang bed closed +2.12% at 23,959.98
• FTSE has increased 0.49% at 8,584.53
• Euro Stoxx 50 has risen 0.69% at 5,365.00
• Djia closed Thursday -1.3% at 40,813.57
• S&P 500 CLOSED —1.39% at 5,521.52
• Nasdaq closed -1.96% at 17.303.01
• S&P/TSX Composite Index Closed -0.9% at 24.203.23
• S&P 40 Latin America closed +0.73% at 2,343.21
• US 10-year-old Treasury is up 2 bps with 4.3%
• E-MINI S&P 500 FUTURES have increased 0.67% at 5,564.75
• E-MINI NASDAQ-100 FUTURES rose 0.9% at 19,421.50
• E-MINI DOW JONES INDUSTRIAL AVERAGE INDEX FUTures increased 0.42% at 41,036.00

Bitcoin -Statistics:

• BTC Dominance: 61.82 (0.26%)
• Ethereum to Bitcoin ratio: 0.02288 (-0.48%)
• Hashrate (Seven-Day Sliding Average): 825 EH/S
• HashPrice (Spot): $ 47.3
• Total fees: 5.55 BTC / $ 456,716
• Cme futures open interest: 144,785 BTC
• BTC priced in gold: 27.7 oz
• BTC VS GOLD MARKET CAP: 7.86%

Technical analysis

• Bitcoin has rebuilt its weekly 50-day EMA, a historically significant level of support under previous uptrends. In previous cycles, this point of contact often led to a consolidation phase lasting 6 to 9 weeks before resumption of speed.
• For bulls, it is crucial to maintain a weekly close over the 50-day EMA, as sustained price action below this level could signal deeper weakness. In addition, recovering the annual open – in line with previous range – would strengthen the bullish conviction.
• Without this recycling, any short -term jumping can risk turning into bearish gene tests, which strengthens the breakdown in the market structure of the weekly timeframe.

Crypto shares

• Strategy (Mstr): Closed on Thursday to $ 263.26 (+0.27%), an increase of 3.34% to $ 272.04 on the market
• COINBASE GLOBAL (COIN): CLOSED TO $ 177.49 (-7.43%), an increase of 2.89% to $ 182.62
• Galaxy Digital Holdings (GLXY): Closed to C $ 16.62 (-5.03%)
• Mara Holdings (Mara): Closed to $ 12.16 (-7.25%), an increase of 3.37% to $ 12.57
• Riot Platforms (Riot): Closed to $ 7.31 (-6.88%), an increase of 2.74% to $ 7.51
• Core Scientific (Corz): Closed to $ 8.66 (-3.24%), down 2.89% to $ 8.91
• CLEANSPARK (CLSK): CLOSED TO $ 7.69 (-5.06%), an increase of 3.25% to $ 7.94
• COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): CLOSED TO $ 14.57 (-4.71%)
• Semler Scientific (SMLR): Closed to $ 32.62 (-2.92%)
• Exodus Movement (2.

Etf is flowing

SPOT BTC ETFS:

• Daily Net Tream: -$ 135.2 million
• Cumulative net streams: $ 35.35 billion
• Collected BTC holdings ~ 1,115 million.

SPOT ETH ETFS

• Daily Net Tream: -$ 73.6 million
• Cumulative net streams: 2.58 billion dollars
• Collected ETH holdings ~ 3,545 million.

Source: Father’s page -Investors

Flows overnight

Today’s chart

• Since gold reaches a new height of all the time of $ 3,000, the Gold/BTC relationship has reached 0.037, the highest level since the US election on November 5th.

While you were asleep

• Russia leans on Cryptocurrencies for oil trade, sources (Reuters) said: Some Russian oil companies allegedly use cryptocurrencies to bypass sanctions and streamline the conversion of yuan and rupees from China and India to rubles.
• BOFA says US shares Rout is correction, not starting in the bear market (Bloomberg): Strategic Michael Hartnett proposes to buy S&P 500 if it is approaching 5,300, provided investor box associations raise over 4%, bond risk premiums expand and shares of sales accelerate.
• Trump-backed World Liberty Financial (WLFI) ends $ 590 million. Token Sale (Coindesk); Despite early reports of sluggish sales, the Trump-associated crypto project raised $ 590 million in a token sale limited to accredited investors, where Justin Sun’s investment helped increase demand.
• AIS lead over crypto for VC -Dollars rose in Q1’25, but does this run really mean something? (Coindesk): AI financing in this quarter is approaching $ 20 billion, led by Databricks’ $ 15.3 billion raising, while the largest crypto agreement so far is Binance, which secures $ 2 billion dollars in funding.
• A new hope for Europe’s ailing economies: The Military (The Wall Street Journal): Europe -Commission’s defense initiative of $ 800 billion. EUR can fuel for technological advances, stimulate job creation and strengthen industrial capacity, especially in sectors such as robotics, satellite networks and autonomous systems.
• The British economy unexpectedly contracted 0.1% in January (Financial Times): The British Pound dropped 0.2% against the dollar after weak GDP data. Chancellor Rachel Reeves are expected to advertise potential expenses in the cut on March 26.

In ether