Gate News reports that on March 19, gold prices have recently broken below the $4,600 mark. Market analysts believe that the surge in U.S. Treasury yields (an indicator measuring bond investment returns) and the Federal Reserve's (U.S. central bank) delayed interest rate cut expectations are the main factors putting pressure on precious metal prices.

Gate News reported that on March 16, according to rwa.xyz data, USYC, a tokenized money market fund under Circle, reached a total market value of $2.2 billion, growing 41.16% over the past 30 days. With a 19.88% market share, USYC has become the world's largest tokenized US Treasury bond fund.