BlockBeats News, March 20th, according to Bitget market information, it was reported that the United States would deploy more troops to the Middle East, causing spot gold to drop to $4550 per ounce, down 2.19% intraday. Spot silver plummeted by 6.00% intraday, now trading at $68.45 per ounce. The US Dollar Index (DXY) rose over 0.5% intraday to 99.76.
In addition, the S&P 500 index’s decline expanded to 1%, while the Nasdaq index was down 1.36%. Meanwhile, short-term interest rate futures prices indicate that the market expects the Fed to likely raise interest rates in December.
According to HTX market information, Bitcoin dropped below $70,000, now trading at $69,761.56.
Earlier reports stated that the US is currently deploying three warships to the Middle East and sending thousands of Marines to the region.
