Crypto Daybook Americas:

By James van Straten (All Times et unless indicated otherwise)

Macroeconomic factors continue to boost the volatility of the short -term prices of Bitcoin (BTC), since it remains constant above $ 80,000, with a wave of significant news that arise in the last 24 hours.

Even so, there is a sense of risk in the air as divergence between Bitcoin and the broader cryptographic market grows. Bitcoin’s domain has increased to 62%, approaching a high up to date to date, while the bitcoin ether ratio (ETH-BTC) has become negative by an annual compound of four years, which means that ETH has a lower performance.

Meanwhile, Trump’s commercial wars persist as another concern in market optimism. That is not only with Canada, but also in the form of metal tariffs, which caused reprisal measures of the European Union.

One of the most intriguing developments comes from Canada, where the newly appointed Prime Minister Mark Carney has presented to sell US dollar bonds. While the size of the sale remains without revealing, it is worth noting that the country is the largest holder of the United States Treasury bonds, which has $ 379 billion at the end of 2024. If the sale proceeds, it could exert an upward pressure on the yields, which is the opposite of what Trump wants.

The treasure performance narrative is essential because approximately $ 9 billion of the United States matures or require refinancing only this year. This is one of the key reasons why US administration is anxious to reduce treasure yields.

More immediately, market attention is resorting to the current Consumer Price Index (CPI) report, with risks allocation bulls waiting for a softer inflation impression. The S&P 500 is around the correction territory, almost 10%. If inflation is hotter than expected, risk assets could face a greater disadvantage. Stay alert!

What to see

• Crypto:
• Macro
  • March 12, 8:00 am: The Brazilian Institute of Geography and Statistics (IBGE) publishes inflation data of the February consumer price.
    • Inflation rate Mom est. 1.3% vs. Prev. 0.16%
    • Yoy Est inflation rate. 5% vs. Prev. 4.56%
  • March 12, 8:30 am: The United States Labor Statistics Office (BLS) publishes consumer prices inflation data in February.
    • Central inflation rate Mom est. 0.3% vs. Prev. 0.4%
    • YOY EST Nucleus inflation rate. 3.2% vs. Prev. 3.3%
    • Inflation rate Mom est. 0.3% vs. Prev. 0.5%
    • Yoy Est inflation rate. 2.9% vs. Prev. 3%
  • March 12, 9:45 AM: The Bank of Canada announces its interest rate decision followed by a press conference (Livestream Link) 45 minutes later.
    • Policy interest rate Est. 2.75% vs. Prev. 3%
  • March 12, 12:00 PM: The statistics service of the Federal State of Russia publishes inflation data of the February consumer price.
    • Inflation rate Mom est. 0.8% vs. Prev. 1.2%
    • Yoy Est inflation rate. 10.1% vs. Prev. 9.9%
  • March 13, 8:30 am: The United States Labor Statistics Office (BLS) publishes prices inflation data of the February producer.
    • Core PPI Mom Est. 0.3% vs. Prev. 0.3%
    • Core Ppi Yoy est. 3.6% vs. Prev. 3.6%
    • PPI Mom Est. 0.3% vs. Prev. 0.4%
    • Ppi yoy est. 3.3% vs. Prev. 3.5%
• Earnings (Estimates based on data data)
  • March 12 (TB): Terawulf (Wulf), $ -0.03
  • March 14: Bit Digital (BTBT), Pre -Mercado, $ -0.05
  • March 24 (TB): Galaxy Digital Holdings (TSE: GLXY), C $ 0.38

Token events

• Government votes and calls
• You unlock
  • March 12: Aptos (APT) Unlock 1.93% of the circulating offer for a value of $ 58.26 million.
  • March 14: Starknet (STRK) will unlock 2.33% of its circulating supply for a value of $ 10.67 million.
  • March 15: SEI (SEI) will unlock 1.19% of its circulating supply for a value of $ 10.35 million.
  • March 16: Arbitrum (ARB) to unlock 2.1% of its circulating supply for a value of $ 31.53 million.
  • March 18: Fasttoken (FTN) Unlock 4.66% of its circulating supply for a value of $ 79.60 million.
  • March 21: Immutable (IMX) to unlock 1.39% of the circulating offer for a value of $ 12.70 million.
• Tokens listings
  • March 31: Binance to Delist USDT, FDUSD, Tusd, USDP, DAI, AEUR, UST, USTC and PAXG.

Conferences

Token talk

By Shaurya Malwa

• The newly emitted BMT tokens of Bubblemaps, a cryptographic transparency tool and chain analysis, have decreased more than 50% since they headed on Tuesday.
• Bublemaps uses the grouping for group wallet addresses in bubbles, revealing whale concentrations, internal control or suspicious patterns (for example, a deployment with 76% supply), helping investors to evaluate risks through visual property maps.
• BMT can be used to access an “Intel desktop” for scams promoted by the community and premium analysis characteristics, and participate in the government.
• People are hitting BMT for a supply concentration of almost 90% in a wallet, an aquatic contract that risks inflation, an elitist aerdrop that excludes many and unlocks the liquidity that increases the fears of the carpet, which is ironic for a project focused on transparency.

Derivative positioning

• The cumulative open interest in Eth Standard and perpetual future has increased to 9.75 million ETH, the highest since February 3. The count has increased from 8.4 million ETH four weeks ago, which shows that merchants have been selling in the falling market.
• The open interest in BTC Perp and the future standard remains light, with marginally positive financing rates. Sol, ADA, TRX and Link still see negative perpetual financing rates.
• The BTC and ETH options that are quoted in the detribit continue to exhibit a bias to be published to win, with a significant constructive perspective for the emerging calls of the third quarter.
• Block flows during the night presented the sale of calls from BTC and ETH of greater attack and the purchase of short waters.

Market movements:

• BTC has dropped 0.55% from 4 PM ET on Tuesday to $ 82,577.14 (24 hours: +0.87%)
• ETH has dropped 2.6% to $ 1,892.41 (24 hours: -1.58%)
• COINDESK 20 has dropped 1% to 2,556.70 (24 hours: +0.52%)
• The commitment rate composed of CESR Ether ups 32 bp with 3.43%
• The BTC financing rate is at 0.007% (2.54% annualized) in Binance

• Dxy has dropped 0.31% to 103.52
• Gold does not change to $ 2,914,29/oz
• La Plata rises 0.69% to $ 33.01/oz
• Nikkei 225 closed without changes at 36,819.09
• Hang Seng closed -0.76 to 23,600.31
• Ftse rose 0.43% to 8,532.17
• Euro Stoxx 50 increased 1.19% to 5,373.08
• Djia closed Tuesday -1.14% to 41,433.48
• S&P 500 Closed -0.76% at 5,572.07
• Nasdaq closed -0.18% to 17,436.10
• S&P/TSX Compiete closed index -0.54% to 24,248.20
• S&P 40 Latina America closed +0.44% to 2,307.52
• The 10 -year Treasury Rate. UU. It has not changed to 4.28%
• E-mini s & p 500 Futures rose 0.54% to 5,607.25
• E-mini nasdaq-100 futures rose 0.67% to 19,529.25
• E-mini dow Jones The industrial average index has increased 0.37% to 41,627.00

Bitcoin statistics:

• BTC domain: 62.13 (-0.16%)
• Bitcoin Ethereum Relationship: 0.02290 (-0.06%)
• Hashrat (seven -day mobile): 815 eh/s
• HASHPRICE (SPOT): $ 46.1
• Total rates: 6.03 BTC / $ 490,764
• CME Future Open Interest: 142,725 BTC
• BTC with a gold price: 28.3 oz
• BTC vs Gold Market Cap: 8.04%

Technical analysis

• The dollar index, which represents the exchange rate of the backback against a basket of fiduciary currencies, has fallen below 61.8% fibonacci setback support of the demonstration from the end of September to January.
• The breakdown means that a possible CPI release of US Soft Us could easily send the sliding index to 102.31, the 78.6%setback support.
• A deeper slide in the dollar could be a good omen for risk assets, including BTC.

Cryptographic equities

• Strategy (MSTR): closed on Tuesday at $ 260.59 (+8.91%), 0.58% to $ 259.09 in the previous market
• Global coinbase (COIN): closed to $ 191.69 (+6.95%), without changes in the previous market
• Galaxy Digital Holdings (GLXY): Closed at C $ 17.27 (-1.09%)
• Mara Holdings (Mara): closed at $ 13.32 (-0.67%), 0.68% at $ 13.23
• Riot platforms (Riot): closed at $ 7.72 (+2.12%), less 0.26% at $ 7.70
• Core Scientific (Corz): closed at $ 8.63 (+7.74%), 0.46% at $ 8.59
• CleanSTark (CLSK): closed to $ 8.26 (+3.51%), 0.73% at $ 8.20
• COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): closed at $ 15.08 (+4.14%)
• Semler Scientific (SMLR): closed at $ 32.80 (+0.18%)
• Exodus movement (exod): closed at $ 24.50 (-0.41%), 0.94% higher than $ 24.73

ETF flows

Spot BTC ETF:

• Daily net flow: -$ 371 million
• Cumulative net flows: $ 35.47 billion
• Total BTC holdings ~ 1,121 million.

Spot Eth Ethfs

• Daily net flow: -$ 21.6 million
• Cumulative net flows: $ 2.66 billion
• Total eth holdings ~ 3,571 million.

Source: Farside Investors

Flows during the night

Figure of the day

• The picture shows the volume of daily negotiation in Hyperliquid, the main decentralized exchange focused on perpetual.
• Despite the fainting of the market, the volumes have remained remarkably stable, contrasting the strong deceleration of other roads such as Raydium of Solana.

While you sleep

In the ether