March 23rd news: President Trump stated that the United States and Iran have had productive discussions with the hope of ending the Iran war. Within minutes, the S&P 500 index surged by 240 points, adding $2 trillion to its market capitalization. Twenty-seven minutes later, Iran completely denied all of Trump's claims, stating there had been no contact with the United States. By 8:00 AM, the S&P 500 index had fallen by 120 points, erasing $1 trillion in market value. This means the S&P 500 index saw a market capitalization fluctuation of $3 trillion in just 56 minutes. (The Kobeissi Letter)

Market news: Israel's economic output loss due to war is estimated to be 8.6% of GDP from 2023 to 2025. (Jin Shi)

On March 23rd, according to an official announcement from Strategy, the company recently acquired an additional 1,031 Bitcoin, costing approximately $76.6 million, at an average price of about $74,326 per coin. As of March 22nd, 2026, Strategy's cumulative holdings amount to 762,099 Bitcoin, with a total investment cost of approximately $57.69 billion, and an average purchase price of about $75,694 per coin.

On March 23, Bitcoin mining company Core Scientific announced that it has secured an additional $500 million financing commitment from JPMorgan, increasing its total credit facility to $1 billion, with the previous $500 million provided by Morgan Stanley. The company stated that the funds will be used for data center construction, equipment procurement, and energy infrastructure to support high-density hosting and AI-related business development.

Market data shows that BTC has fallen below $70,000, currently priced at $69,996.39, with a 24-hour increase of 2.59%. The market is experiencing significant volatility, so please ensure proper risk management.

On March 23, according to Iranian media Fars News, sources indicated that there has been no direct contact between Iran and the United States, nor any communication through intermediaries. After learning that Iran would target all power plants in the West Asia region, Trump chose to back down. Just recently, Trump posted on social media that the U.S. and Iran had very good and productive dialogue over the past two days and had instructed a five-day pause on all military strikes against Iranian power plants and energy infrastructure. Analysts pointed out that while there may have been some form of contact between the two sides, the key is to view everything in a more appropriate context. It is well known that Trump tends to exaggerate situations, but everything has two sides, and this is undoubtedly one of those cases that requires cautious handling. Therefore, one should be particularly careful when interpreting these latest news reports. Ultimately, what truly matters is the actual situation. Nothing will change until the blockade of the Strait of Hormuz is genuinely lifted.

March 23rd news: U.S. President Trump's latest statement indicated that the United States and Iran have held very good and productive dialogues over the past two days. He has instructed a suspension of all military strikes against Iranian power plants and energy infrastructure for five days, contingent upon the success of ongoing meetings and discussions. International oil prices reacted sharply to this news, with Brent crude futures at one point falling over 14% to around $96 per barrel. WTI crude and European natural gas prices also saw declines. (Jins10)

WTI crude oil experienced a sharp decline, dropping over 12% during the day, with prices falling below $85 per barrel; Brent crude oil also saw a significant drop of 14% at one point, reaching around $92 per barrel.

Market data shows that the Dollar Index DXY has decreased by about 100 points from its daily highs, currently reported at 99.50. (Jin Shi)

U.S. President Trump posted on social media, stating: "I am pleased to report that the United States and Iran, over the last two days, have had very good and productive discussions about resolving all issues of mutual concern. Based on the tone and substance of these discussions (which will continue throughout the week), I have instructed the Department of Defense to significantly delay the planned strike on Iran’s power plants and energy infrastructure by five days, pending the outcome of ongoing meetings and discussions. Thank you for your attention to this matter!" (Jingshi)