On March 23rd, gold prices fell 2%, approaching $4,400, marking a new low since the end of 2025, with selling wiping out nearly all gains from early 2026. The Iran war and oil crisis are impacting gold price movements, with rising crude oil prices exacerbating inflation, central banks maintaining interest rates or even hiking them, and rising bond yields weakening gold's appeal, while a stronger dollar suppresses demand. Insufficient speculative momentum is accelerating the selloff, with the market showing clear disagreement on the outlook. $4,300 serves as a key support level; a break below could trigger accelerated selling. Analysts predict gold could potentially return above $5,000, but market risks and external impacts warrant caution.

On March 23, the gold market experienced a sharp selloff, marking the worst weekly performance since 1983, prompting investors to reassess safe-haven assets. Analysis indicates that the gold price decline stemmed from concentrated liquidations, with market drivers shifting toward liquidity prioritization. Rising bond yields also triggered cross-asset selloffs, as institutional investors began rotating toward private markets and digital assets. The gold decline reflects changing asset pricing mechanisms in a liquidity-dominated environment.

中東局勢緊張，西班牙首相警告衝突逼近全球臨界點，呼籲恢復荷莫茲海峽通航。北約22國參與安全計畫但未明確軍力部署，歐洲立場不一。伊朗發出強硬信號，導致全球債市與能源市場波動加劇，加密市場也受到影響，關注多國聯合行動的後續進展。

On March 23, Resolv's stablecoin USR suffered a major security incident. Attackers exploited a private key leak to mint approximately 80 million dollars in unbacked tokens, causing USR's price to collapse to $0.27, a decline exceeding 70%. Resolv has suspended smart contracts and destroyed 9 million anomalous tokens, while 71 million unbacked USR tokens remain in circulation. This incident reflects the vulnerability of stablecoins in terms of security and transparency, and poses challenges to market confidence.

Galaxy Digital 的研究主管 Alex Thorn 指出，量子计算对比特币构成威胁，但目前不急迫，投资者無需恐慌。約 700 萬枚 BTC 處於長期風險中，但現有量子計算能力無法破解，同時開發者已提出多種應對方案。

美国总统特朗普警告若伊朗继续袭击卡塔尔能源设施，将对其南帕尔斯天然气田实施打击。伊朗对卡塔尔关键设施的导弹袭击引发市場擔憂，油價上漲，地緣風險影響全球能源供應。多國呼籲緩和局勢。

Aptus Capital Advisors的約翰·泰納表示，美聯儲即將召開的會議將在中東衝突和油價上漲的背景下進行，市場關注點陣圖和鮑威爾的措辭，降息預期已被取消，但若衝突結束可能會迅速恢復。

Canada tokenized real estate platform RealT is facing a legal and compliance crisis after being sued by the Detroit municipal government in civil litigation. The lawsuit alleges multiple compliance violations, including properties lacking compliance certificates and unpaid taxes. RealT plans to sell properties and suspend rental distributions while shifting toward new projects.

隨著中東局勢緊張，荷莫茲海峽的控制權問題引發全球金融風險。專家警告一旦美國失去主導地位，美元作為儲備貨幣可能受衝擊，影響全球經濟。油價上漲與潛在經濟衰退風險加劇，地緣政治與全球金融格局的聯動效應顯著。

Middle East tensions escalate as US military takes action against Iranian energy facilities; Iran warns of retaliation. Hormuz Strait traffic declines, shipping risks rise, and aluminum supply chains tighten. US 2022 GDP revised down to 0.7%, PCE holds at 3.1%, and labor market remains resilient. In crypto markets, BTC returns to key level of $71,300.