Monetary Policy

Digital asset investment products experienced a $414M outflow, marking their first decline in five weeks. The drop, driven by investor caution amid geopolitical tensions and potential rate hikes, reduced assets under management to $129B, with Ethereum and Bitcoin facing significant outflows.

The Federal Reserve maintained interest rates, causing market volatility and altering rate cut expectations. Rising oil prices and inflation concerns affect economic outlooks, while Bitcoin shows signs of recovery amid cautious optimism. Powell's upcoming remarks are key for future market sentiment.

U.S. stocks fell despite soothing comments from Fed Chairman Powell about inflation, while oil prices surged, negatively impacting risk assets. The bond market reacted favorably, with Treasury yields dropping and expectations for future Fed rate hikes dimming.

Gate News message: On March 30, Federal Reserve Chair Jerome Powell said, “We don’t know how big the energy shock will be; it’s too early to draw conclusions right now.”

Gate News message. On March 30, market pricing showed that rate-hike bets on the Federal Reserve had been withdrawn, and pricing shifted instead to the possibility of cuts this year. This reflects a change in the market’s expectations for the Federal Reserve’s monetary policy.

Gate News message, on March 30, Federal Reserve Chair Jerome Powell said he is inclined to ignore supply shocks, but must focus on inflation expectations.

Gate News message: On March 30, a Federal Reserve governor, Milan, said that inflation expectations have not yet been affected by the rise in oil prices.

Gate News reports that on March 30, Federal Reserve Governor Milan publicly stated that the size of the Federal Reserve’s balance sheet (the total assets held by the Fed) is too large and that they hope to reduce it.

Gate News message: On March 30, Federal Reserve Governor Milan said the Federal Reserve could gradually cut interest rates by 1 percentage point within a year.

Traders anticipate a potential interest rate hike from the Bank of Japan due to inflation risks linked to the Iran war. While the BoJ has room to raise rates, Japan's high debt presents challenges, with the yen weakening significantly against the dollar.

Reputed crypto analyst shares detailed explanation on market dump. The expert breaks down several factors to answer why is the crypto market dumping. Besides the geopolitical strife, the Fed and monetary bonds add to the dump. In the final days of the month of March, the price of

According to CoinShares data, as of March 30, digital asset investment products experienced a net outflow for the first time, with an outflow size of $414 million, bringing the total managed size down to $129 billion. The main reasons are the tense situation in Iran and expectations of interest rate hikes, with outflows primarily concentrated in the United States. Both Ethereum and Bitcoin saw significant net outflows, while XRP recorded a net inflow.

The global cryptocurrency market rebounded on March 30, 2026, with a market capitalization of approximately $2.4 trillion, as both Bitcoin and Ethereum saw gains, and market sentiment improved due to easing tensions in the Middle East. Despite the recovery in the spot market, the derivatives market remains volatile, and investors should pay attention to the potential pressures from high energy prices and interest rates.

Following a quiet weekend with little to no actual price moves, bitcoin and the altcoins could be primed for more fluctuations as the business week unfolds due to several big events in the US. Perhaps the two that are likely to attract the most attention will take place on Monday and

Bitcoin is expected to maintain around $67,400 by the end of March 2026, influenced by upcoming U.S. economic data (including Powell's speech, employment, and consumer indicators), which will determine market direction. Expectations of interest rate cuts and resilient economic data will directly impact Bitcoin's movement, with prices likely fluctuating within a key range in the short term.

Federal Reserve Chairman Powell will reiterate his stance on pausing interest rate cuts at Harvard University, emphasizing that he is not in a hurry to adjust rates given the uncertainty in the Middle East situation. He is facing pressure from Trump and a criminal investigation, and the market will closely monitor the impact of his remarks on digital assets and the overall economy.

The governor of the Central Bank of Taiwan, Yang Jinlong, warned in the Legislative Yuan that if oil prices rise to $100 per barrel, the annual CPI growth rate could reach 1.9%, and indicated that monetary policy may shift towards tightening. Global central banks face interest rate hike risks, putting pressure on the cryptocurrency market. The second quarter will be a key period to observe changes in central bank policies, particularly in light of developments in the Middle East situation and inflation expectations.

Due to escalating geopolitical conflicts and macroeconomic uncertainties, approximately $296 million net flowed out of the U.S. spot Bitcoin ETF last week, reflecting a decline in market risk appetite. Although the Bitcoin price rebounded to $67,500, market sentiment remains cautious, with investors anticipating a higher likelihood of Bitcoin dropping to $55,000.

Recently, the US Bitcoin spot ETF experienced significant outflows after seven consecutive trading days of net inflows, with a net outflow of $163.5 million on the 18th and another outflow of $51.9 million on the 19th, indicating a simultaneous weakening of market capital and prices. The price of Bitcoin briefly fell below $70,000, highlighting that the capital flows of the ETF can no longer support its rebound, and the deteriorating macro environment is putting pressure on risk assets, leading to a noticeable contraction in investor preferences. The testing of the $70,000 threshold has become a barometer for short-term market sentiment.