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Crypto Analytics

Crypto Macro Pulse — Real-Time Indicators & AI Market Analysis — 19.03.2026

Risk Off

GEOPOLITICS HITS CRYPTO, MACRO A BIT SOFTER

🔴 Negative — BTC sharply dipped, fear intensified.

The main event of the day is the escalation around Iran and a hit to the oil factor: the market is again pricing in the risk of longer central bank tightness. At the same time, the “pressure valve” from financial conditions has opened slightly: the VIX fell to 22.37 (from 23.51 yesterday), and the real yield on 10-year TIPS also dropped to 1.83% (from 1.87), but the dollar remains strong (DXY unchanged on the day, noticeably higher over the week), which limits risk appetite.

Crypto reacted as if on fragile ice: BTC fell to 70,844 (from 74,180 yesterday), and the fear and greed index declined to 23 — this is a zone of pronounced fear. Importantly, support from institutions hasn’t gone anywhere: inflows into BTC-ETFs for the week are holding above $1 bn (1,168 mln), meaning the “buyer on dips” is present, but in the short term the market is still trading off headlines and momentum. Against the backdrop of a decline in BTC dominance (56.31% versus 56.69% yesterday), part of the capital could be moving into altcoins, but with such a price drop this is more likely a sign of fragmented demand rather than a confident “altseason”.

WHAT TO WATCH

1) Geopolitical news and oil: any new spikes in tensions quickly bring back risk-off.
2) Dollar (DXY 120.5518): if it continues to strengthen, BTC bounces may be short.
3) Flow into BTC-ETFs: maintaining inflows at current levels is a key buffer for the price after a sharp decline.

Market State

Market Phase
correction
Risk Level
high
Key Themes
geopolitics and oil as the main driver of sentiment a strong dollar limits the recovery inflows into BTC-ETFs soften the drawdown

All Indicators

Event Value Change
US Dollar Index 120.55
US 10Y Treasury 4.20%
US 2Y Treasury 3.68%
US 10Y TIPS (Real Yield) 1.83%
Fed Funds Rate 3.64%
CPI (YoY) 2.43%
Core CPI (YoY) 2.47%
VIX 22.37
Yield Curve (10Y-2Y) 0.52%
BTC Dominance 56.31% -0.18%
BTC Price $70,845 -0.41%
BTC Return 24h -4.50% -5.39%
BTC Return 7d 2.13% +102.86%
BTC Vol 30d (ann.) 51.43% -12.00%
Fear & Greed 23 -11.54%
Fed Balance Sheet 6.65%
Treasury General Account 838.19%
Reverse Repo 0.70%
M2 Money Supply 22.44%
Net Liquidity 5,807.42%
BTC ETF Daily Flow 199.37%
BTC ETF 7d Flow 1,168.32%
BTC ETF AUM 96.74%

Economic Events

Date Event Expected Previous
Mar 18 Fed Interest Rate Decision