Overview

Crypto Daybook Americas provides a morning insight into the happenings in the cryptocurrency markets overnight and outlines items to look for in the upcoming days. Subscribe for daily updates delivered to your inbox.

Market Insights

Bitcoin (BTC) and ether (ETH) are encountering pressure as recent gains evaporate following comments from Federal Reserve Chairman Jerome Powell, who mitigated concerns regarding inflation caused by tariffs.

Upcoming Events

• March 20, 9:30 a.m.: First-ever CFTC-regulated XRP futures to debut by Bitnomial.
• March 20, 10:40 a.m.: President Trump scheduled to address the Digital Asset Summit in New York.

Trump is likely to advocate for making the U.S. the “crypto capital of the world.”
Translation: He may express his desire for the U.S. to lead in cryptocurrency initiatives.

More positive momentum appears around U.S.-listed spot ETFs, with bitcoin ETFs recording net inflows totaling $11.8 million recently, marking four days of consecutive growth, while ether ETFs have seen outflows continue for eleven days.

What’s New?

Emerging interest in frog-themed tokens soared recently after Elon Musk referenced them on social media, triggering market movements.

Technical Analysis

Current market trends, particularly around derivatives positioning, suggest cautious engagement from institutional investors despite rises in open interest.

Stay vigilant as developments unfold in both crypto and wider financial markets.