Speaker 1: Hey, it's Alex with the Token Metrics daily Pulse from
Speaker 1: March fourteenth, twenty twenty six. Got a lot to cover today,
Speaker 1: and honestly, the macro backdrop is getting pretty intense. But first,
Speaker 1: a quick word from our sponsor. Okay, so here's what's happening.
Speaker 1: So here's the thing. Bitcoin is holding around seventy one
Speaker 1: thousand dollars even as the world feels like it's catching fire.
Speaker 1: We've got Trump warning about strikes on Iran's oil fields,
Speaker 1: and oil itself is knocking on the door of one
Speaker 1: hundred bucks. Usually that's a sell everything signal for risk assets,
Speaker 1: but Bitcoin, it's only down a few percent. It's actually
Speaker 1: acting like a safe haven. If oil keeps spiking, the
Speaker 1: Fed's planned to cut rates on March eighteenth gets way
Speaker 1: more complicated. The irony here is that the very thing
Speaker 1: that should be hurting bitcoin might be the thing that
Speaker 1: proves why we need it. Now here's where it gets interesting.
Speaker 1: The broader market is definitely feeling the heat more than
Speaker 1: Bitcoin is. Total market cap is down about three percent,
Speaker 1: and Solana took a bigger hit, down over four percent. Today,
Speaker 1: Bitcoin dominance is actually climbing to nearly fifty seven percent.
Speaker 1: That tells me this isn't a get out of crypto move,
Speaker 1: it's a get into the safe stuff move within the ecosystem.
Speaker 1: People are rotating out of alts and into the king.
Speaker 1: It's a classic risk off play just happening inside the
Speaker 1: digital asset space. Okay, so let's look at the institutional side,
Speaker 1: because this is wild spot. Bitcoin ETFs just hit a
Speaker 1: five day inflow streak. That's the first time we've seen
Speaker 1: that all year. Think about that, while the headlines are
Speaker 1: screaming about oil and war, the big money is quietly
Speaker 1: buying the dip through regulated ETFs. It's not panic, it's accumulation.
Speaker 1: And speaking of big money, circle just leapfrog black Rock
Speaker 1: in tokenized treasuries. Yeah you heard that right. A stable
Speaker 1: coin company is eating the world's largest asset manager at
Speaker 1: their own game. The total market for these on chain
Speaker 1: treasuries just hit eleven billion dollars. It's still small compared
Speaker 1: to the global market, but the growth is massive. Then
Speaker 1: there's the XARP ledger. This one, okay, this one caught
Speaker 1: me off guard. Daily payments hit nearly three million, and
Speaker 1: tokenized assets on the chain jumped thirty five percent in
Speaker 1: a month. But the price of XRP it's down over
Speaker 1: twenty five percent this year. It's a total disconnect between
Speaker 1: how much the network is being used and what the
Speaker 1: token is actually worth. It makes you wonder if the
Speaker 1: people using the network even need to hold the token
Speaker 1: at all. Lastly, keep an eye on USDC. Its market
Speaker 1: cap is closing in on eighty billion dollars. A lot
Speaker 1: of that is apparently capital flight from the UAE, when
Speaker 1: wealthy folks in oil rich countries start moving money into
Speaker 1: digital dollars instead of bank accounts. While that's a huge
Speaker 1: signal that stable coins are winning the true trust war.
Speaker 1: All right, before we get into the risks, quick word
Speaker 1: from our sponsor. Okay, we're back. Let's talk about what
Speaker 1: to watch for. So what should you actually be worried about. Well,
Speaker 1: the geopolitical wildcard is the big one. If oil crosses
Speaker 1: one hundred dollars, it resets the inflation clock. The Fed
Speaker 1: meets in a few days, and if they turn hawkish
Speaker 1: because of energy prices, this etf inflow street could evaporate overnight. Also,
Speaker 1: with bitcoin dominance, rising, outs are looking pretty vulnerable if
Speaker 1: bitcoin doesn't lead a recovery soon. The alt season narrative
Speaker 1: is basically on life support and looking ahead. All eyes
Speaker 1: are on March eighteenth. That FED decision is everything. We're
Speaker 1: also watching that eleven billion dollar threshold for tokenized treasuries
Speaker 1: to see if Circle can keep its lead, and obviously
Speaker 1: keep a very close watch on the news out of Iran.
Speaker 1: Any actual strikes on oil infrastructure will move these markets
Speaker 1: faster than any chart pattern ever could. By the way,
Speaker 1: if you want the full written breakdown, check out our
Speaker 1: newsletter at tokenmetrics dot com. This is educational content, not
Speaker 1: investment advice. Always do your own research. I'm Alex, See
Speaker 1: you next time.