Gate News, on March 20th, spot gold fell to touch $4,630 per ounce, down 0.44% intraday; spot silver fell 3.00% intraday, now trading at $70.56 per ounce. The US 10-year Treasury yield (a key indicator measuring the long-term borrowing costs of the US government) rose to 4.33%, the highest level since August of last year.

比特币在全球市場波動中表現出韌性，儘管近期下跌超過3%，仍優於多數資產。分析師指出69,000至70,000美元支撐區對未來走勢至關重要，若守穩可能引發反彈。整體來看，比特币在地緣政治和油價飆升背景下展現出明顯的避險屬性。

The cryptocurrency market has recently come under pressure, with total market capitalization retreating to $2.4 trillion, while Bitcoin price hovers around $70,600. Market sentiment remains cautious, particularly with Worldcoin declining over 10%. In the short term, key support levels will influence market trends; if breached or further decline to $2.32 trillion, conversely, a strong rebound or bounce-back could occur.

中東局勢升級和能源價格飆升對全球市場造成衝擊，比特幣價格波動顯著，曾跌破69,000美元。美聯儲的政策加劇了市場壓力，分析認為能源價格上漲將抑制資產，特別是比特幣的表現。當前，比特幣走勢依賴於宏觀環境，69,000美元成為短期關鍵支撐位。

March 20th, the U.S. Senate saw a breakthrough in stablecoin yield legislation discussions, with the key lying in building a compromise framework. Senators pointed out that the focus has shifted to identifying stakeholders rather than bill details, and the White House maintains a cautious stance. The latest discussions plan to restrict the use of traditional financial terminology, aiming to reduce regulatory pressure. Stablecoin-related business has become an important part of platform revenue, and policy changes could impact business models. The probability of this bill passing by 2026 is estimated at 61%.

Hyperliquid 生態代幣 HYPE 在突破對稱三角形後，價格約為39.7美元，技術目標指向52.27美元。儘管價格上漲，資金流指標顯示淨流出，影響持續性。短期關鍵支撐位為38.42美元，上方需突破42.66美元才能繼續上漲。若資金流修復，可能提升多頭信心。

近期白銀市場顯現走弱跡象，價格結構和需求信號轉向謹慎。若關鍵支撐失守，白銀價格可能下探66美元，甚至刷新低點。當前市場動能偏弱，期貨市場和工業需求疲軟，交易員對反彈信心不足。短期走勢受需求恢復和宏觀資金流向影響。

March 20: Bitcoin rebounded to $70,800, up over 1%, as multiple countries pledged to ensure passage through the Strait of Hormuz. Energy market shifts drove oil prices lower, but Middle East tensions create uncertainty, with traditional market bearish signals affecting crypto assets. Bitcoin's short-term movement remains driven by macro factors, with $70,000 as a key level to watch.

Gate News reported that on March 20, WLFI announced the launch of AgentPay SDK, an open-source payment toolkit for AI agents. The SDK is built on USD1, integrating self-hosted key management features and policy-based transaction authorization mechanisms, and is compatible with common AI development tools such as Claude Code, Codex, Cursor, and OpenClaw.

Gate News reported that as of March 19, a certain cryptocurrency exchange has laid off approximately 30% of its workforce since the beginning of the year, reducing the total number of employees to approximately 445. The exchange simultaneously introduced AI tools to enhance operational efficiency. Financial reports show that the exchange incurred losses of approximately $585 million for the full year 2025, with fourth quarter revenue of approximately $60 million, though losses further expanded. Previously, the exchange had announced a 25% workforce reduction and withdrawal from the UK, EU, and Australian markets, while also making adjustments to several key executives.