2026-03-13 12:45 to 2026-03-13 13:00 (UTC), BTC achieved a +0.60% return within 15 minutes, with a price range of 72341.6-72888.0 USDT and a volatility amplitude of 0.76%. Short-term price oscillations noticeably intensified. Due to abundant trading volume, market attention rose rapidly, reflecting a phase of strengthened buying power. The primary drivers of this movement are continuous net inflows into ETFs and a technical breakout of key structures. In March 2026, BTC spot ETFs attracted capital inflows as high as 1.6 billion dollars in a single week.

Bitcoin rose approximately 2% on March 13, breaking through $72,000 despite strong dollar performance and weakness in US stock futures. Crypto futures open interest across the market increased, with Bitcoin and Ethereum showing particularly strong performance. Meanwhile, the Trump-themed Meme coin TRUMP surged over 30%.

Gate News reported that on March 13, The Wall Street Journal reported that ByteDance, TikTok's parent company, is cooperating with Southeast Asian cloud service provider Aolani Cloud to deploy approximately 500 NVIDIA Blackwell computing systems in Malaysia, totaling approximately 36,000 B200 chips, to build a high-performance computing cluster outside China for accelerating AI research and development.

Data from March 13 shows that on-chain Perp DEX overall trading volume and open interest remained relatively unchanged, with Hyperliquid trading volume showing a slight recovery and open interest remaining at elevated levels. The main Perp DEX trading volume and open interest were: Hyperliquid $6.74 billion, Aster $2.36 billion, EdgeX $2.13 billion, and others.

Recently, a whale who suffered a massive loss of $14.61 million on $MELANIA coins purchased 2.2 million $TRUMP tokens, investing approximately $6.97 million, reportedly to compete for qualification to attend a Trump dinner. This address previously bought $MELANIA last year for approximately $28.93 million in USDC at a high price, and liquidated the position after suffering approximately 50% losses.

Middle East conflict escalation drives oil price increases, raising U.S. short-term inflation expectations and affecting Federal Reserve rate-cut prospects. The one-year breakeven inflation rate reached 4.62%, while the two-year rate stands at 3.18%. High oil prices may make it difficult for the Federal Reserve to cut rates, with the probability of no rate cuts in 2026 expected to rise to 44.7%.

Today, the cryptocurrency market faces important option expiration and PCE inflation data release, with cautious market sentiment. Bitcoin and Ethereum options will expire, with traders expecting Bitcoin to maintain high-level oscillation. Ethereum support is being watched at the $2,100 range. U.S. macroeconomic policy and energy market volatility are similarly affecting market sentiment.

The U.S. Congress has shown divisions in discussions regarding cryptocurrency tax policy, with the small transaction tax exemption proposal gradually applying only to stablecoins, triggering dissatisfaction among Bitcoin supporters. Industry leaders have clashed publicly over this, with the core of the debate centered on small transaction exemptions. Currently, cryptocurrencies are classified as property, and transactions require capital gains tax payments, resulting in high compliance costs.

Wintermute notes that Bitcoin miners face profitability challenges due to reduced income after the halving and high energy costs, recommending that miners proactively manage their BTC holdings by adopting strategies such as using derivatives and lending protocols to enhance returns in response to market pressure.

The Bitcoin Policy Institute (BPI) opposes the Basel Committee's high risk weighting standards set for Bitcoin, arguing that this will restrict banks from participating in crypto asset businesses. The BPI is calling on U.S. regulators to reassess Bitcoin's risk classification, pointing out that the current framework treats it as a "toxic asset," significantly increasing the cost for banks to hold Bitcoin. This issue could impact traditional financial institutions' strategies in the digital asset space.