Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Good morning, everyone. Let's summarize the performance of the cryptocurrency market yesterday.
On March 19, the cryptocurrency market rallied across the board, with Bitcoin rising over 3% during the day, breaking the $84,000 threshold, and Ethereum surging over 7%, returning above the $2,000 mark. This rebound is closely related to the political turmoil in Turkey, where the lira plunged more than 10% against the dollar, prompting investors to turn to USDT and other dollar-pegged assets, leading to a spike in BTC/TRY trading volume to a one-year peak. At the same time, the market is watching the Federal Reserve's upcoming interest rate decision with a generally expected maintenance of rates, boosting the shares of crypto-related stocks in the U.S., with CleanSpark, TeraWulf, and others rising over 5%. However, the extreme volatility resulted in over 88,000 liquidations within 24 hours, totaling $213 million, with a significant proportion of Ethereum's largest individual liquidations. Short-term market optimism is intertwined with geopolitical risks, and future trends will need to focus on Federal Reserve policy guidance and global economic movements.