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Institution: Oil Price Shock Could Boost Fed Inflation Outlook, Powell to Emphasize Patience

2 hours ago

March 13: Bank of America said the Federal Reserve (Fed) will need to address another supply shock—rising oil prices. In the Summary of Economic Projections (SEP) due ahead of the Fed’s March meeting, overall and core inflation forecasts are likely to be revised higher. Per the Bank of America report: “If long-term growth expectations are also revised up, we expect the median dot plot for long-term interest rates to edge slightly higher.” In this scenario, the bank expects Fed Chair Jerome Powell to acknowledge stagflation risks while stressing a cautious approach. (FXStreet)
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Spot Silver Plunges Over 4.00% Intraday, Now Trading at $80.52 per Ounce

March 13: Spot silver has dropped more than 4% intraday, per Bitget market data, and is currently trading at $80.52 an ounce.

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Bitcoin Price Plunges Below $72,000

March 13th: Bitcoin dropped below $72,000, down 2.21% over the past 24 hours, per HTX market data.

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Trump: closely monitoring Iranians inside the United States

March 13 — U.S. President Donald Trump said Friday the U.S. is conducting surveillance on Iranian nationals in the country amid the ongoing conflict with Iran, citing concerns over potential domestic terrorism threats. In a Fox News interview airing Friday, Trump stated: “We are watching them very, very closely—they are all under surveillance right now.” He also noted over 1,700 Iranians entered the U.S. illegally during the previous administration. When asked if the U.S. was prepared to act against sleeper cells, Trump emphasized any response would be “very legally, very carefully.” “You have to be careful in many ways because there are also many good people,” he added. Trump did not identify any specific threats posed by Iranian nationals in the U.S. However, U.S. law enforcement has been on high alert in recent days since the U.S. and Israel launched a military conflict against Iran, to prevent potential attacks. (Source: Golden Finance)

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An ETH Whale Dips Into a Remittance Platform for a $159m Prize

On March 13, per LookOnChain monitoring data, crypto whale 0x2d85 sold ETH at ~$4,300 6 months ago—after 6 months of inactivity, the whale has just purchased 5,033 ETH at $2,179 (valued at ~$10.9 million).

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Tencent Releases First "Crayfish Butler"

On March 13, Tencent PC Manager rolled out the industry’s first “Lobster Assistant · AI Security Sandbox” alongside its Version 18.0 update, delivering one-stop security protection for locally running AI agents. Currently, the Lobster Assistant supports a range of “lobster” tools including OpenClaw, QClaw, OneClaw, and LobsterAI (Jinse).

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US Stocks Open Higher, Then Turn Lower; All Three Major Indexes in the Red

Per Bitget market data as of March 13: U.S. stocks opened higher, then turned lower. - S&P 500 Index: currently down 0.15% - Nasdaq: down 0.4% - Dow Jones: slightly up 0.07% This format aligns with U.S. financial news conventions—concise, scannable, and uses common terms like "turned lower" (instead of "fell") for real-time market updates.

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