AgentCanary/The Record/2026/March/March 25, 2026
THE RECORD · DAILY ARCHIVE

March 25, 2026 — The Record

Risk Gauge: 85/100 · 4 briefs · 4 top movers

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85
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CRITICAL
Risk-Off · Neutral
STAGFLATION. F&G: —. WATCH.

Phase tagged stagflation · 4 briefs published this day.

4 BRIEFS · CHRONOLOGICAL · ALL TIMES UTC WED 25 MAR 2026
03:15
RADAR
MACRO RADAR 03:15 UTC #

🔴 Risk-Off · Neutral · Gauge 84.9/100

STAGFLATION. F&G: —. WATCH.

EXPAND BRIEF CONTENT
MACRO RADAR — Mar 25, 2026 🔴 Risk-Off · Neutral · STAGFLATION · Gauge: 84.9/100 • BTC:

$70,821

ETH:

$2,162

SOL:

$91.75

• GOLD:

$4,403

SPY: $653.18 (+0.7%) QQQ: $583.98 (+0.3%) VIX: 26.9 (+3.1%) TLT: $86.01 (+0.2%) DXY: 99.3 (-0.1%) OIL: $88.89 (-3.7%)

LIQUIDITY & CREDIT

HY Credit Spreads: 324bps CALM (5d: -4bps)

NOTABLE Z-SCORES

🔴 10Y Real Rate: +2.79σ 🔴 10Y Treasury: +2.25σ Gold: -2.14σ 🔴 2Y Treasury: +2.07σ 🔴 30Y Treasury: +2.04σ

OVERNIGHT vs US CLOSE

🔴 NVDA: -5.1% SOL: +1.6% BTC: +0.8% ETH: +0.7% HEGEMONY SNAPBACK : 1.5/6 —

WATCH

If the US topples adversarial regimes and reasserts hegemony, the multipolar mega-trade reverses — stronger dollar, weaker gold, short rates, and EM rotation unwinds 🔴 USD Index: 120.2757 (>110) 🟡 Gold: $4403 (<$4,600) agentcanary.ai | Not financial advice
09:15
SIGNAL
SIGNAL SCAN 09:15 UTC #

SIGNAL SCAN — Mar 25, 2026

Risk 84.9/100 · 8 movers

EXPAND BRIEF CONTENT
SIGNAL SCAN — March 25, 2026

SNAPSHOT

Cross-asset dislocation as commodities surge while crypto bleeds liquidity. Stagflationary regime confirmed with real yields rising, but equities holding up on materials rotation. Middle East deployment risk premium emerging across energy complex.

MACRO RISK DASHBOARD

Risk Gauge: 84.9/100 (High) Regime: Stagflation — real yields climbing as liquidity expands but HY spreads widen SPY +0.71% | QQQ +0.33% | VIX -4.34% | TLT +0.21% | DXY -0.13% | OIL -5.50% ICSA: 205K (trending up, below normal)

FORWARD SCENARIOS

SCENARIO A — Geopolitical Escalation SPY: $620-640 (-5 to -2%) BTC: $65K-68K (-8 to -4%) OIL: $95-105 (+9 to +20%) SCENARIO B — Materials Supercycle SPY: $665-685 (+2 to +5%) GOLD: $4180-4290 (-5 to -3%) COPPER: $4.8-5.2 (+15 to +25%) SCENARIO C — Crypto Washout BTC: $62K-66K (-12 to -7%) ETH: $1950-2100 (-10 to -3%) SPY: $640-660 (-2 to +1%)

SECTOR STRENGTH

1. COPX (+5.67%) — strong 2. URA (+3.77%) — rotating 3. XLB (+3.13%) — bid 4. XLE (+2.58%) — strong 5. SMH (+2.56%) — rotating

BIG MOVES + DRIVERS

UEC +9.1% — uranium supply chain push despite recent valuation concerns FCX +8.4% — copper supercycle momentum on infrastructure demand KTOS -8.4% — defense tech selloff on execution concerns vs peers CRM -6.3% — software multiple compression on revenue durability questions SOL +4.1% — resilient despite US troop deployment to Middle East PEPE +3.5% — meme momentum bucking broader crypto outflows Commodities repricing structural shortage while crypto absorbs forced selling from levered positions.

POSITIONING

BTC ETF outflows: -$277.1M (high significance) Whale positioning shows ETH net short $45.2M, SOL underwater -$8.4M PnL Institutional deleveraging evident across crypto majors while HYPE sees concentrated long exposure

IMPLICATION

Tactical tilt toward materials/energy over crypto until ETF outflows stabilize. Watch $65K BTC support — break triggers deeper washout to $62K range. agentcanary.ai | Not financial advice
15:15
PULSE
MARKET PULSE 15:15 UTC #

BTC ACCUMULATION on daily. 100 whale moves detected.

BTC 1d:Accumulation 4h:Ignition · ETH 1d:Accumulation 4h:Ignition · SOL 1d:Accumulation 4h:Ignition

EXPAND BRIEF CONTENT
MARKET PULSE — Mar 25, 2026

CRYPTO

BTC: $70,711 — 1d: ACCUMULATION | 4h: IGNITION • ETH: $2,165 — 1d: ACCUMULATION | 4h: IGNITION • SOL: $91.32 — 1d: ACCUMULATION | 4h: IGNITION

WHALE ALERTS

• 250,000,000 USDC ($249,993,375) minted at USDC Treasury • 778 BTC ($55,145,301) transferred from unknown wallet to #Coinbase • 1,500,000 SOL ($138,067,131) transferred from unknown wallet to unknown wallet FUNDING ARB (OI>$5M, spread<1%)M: 215% net APR (0.0930% rate) Long Binance / Short Bybit | OI: $17.0M | Spread: -0.09% • SIREN: 0% net APR (0.0093% rate) Long Bitget / Short MEXC | OI: $8.2M | Spread: 0.33% • ONDO: 99% net APR (0.0367% rate) Long Bybit / Short Bitget | OI: $9.4M | Spread: -0.11%

LIQUIDATIONS (24h)

• Total: $71,263,154 | Longs: 20% | L/S: 0.3:1

SCENARIO

↑ Late Cycle · ↑ Goldilocks · ↑ Stagflation · ↑ Hegemony · ↑ Displacement

INTEL

Crypto Infrastructure Maturation [BTC, COIN, LINK] Geopolitical Risk Repricing [BTC, OIL, GLD] agentcanary.ai | Not financial advice
21:15
WRAP
MARKET WRAP 21:15 UTC #

Markets reflected growing stagflation concerns as U.S.-Iran tensions drove risk-off positioning, wit…

STAGFLATION. 18 news items. 5 scenario shifts.

EXPAND BRIEF CONTENT
MARKET WRAP — Mar 25, 2026 Markets reflected growing stagflation concerns as U.S.-Iran tensions drove risk-off positioning, with Bitcoin's resilience near $71k challenging gold's traditional safe-haven dominance. The elevated VIX and rising dollar underscore investor anxiety about persistent inflation pressures amid late-cycle dynamics.

CLOSING PRICES

BTC: $71,003 · ETH: $2,163 · SOL: $91.19 · GOLD: $4,527 · SPY: $656.82 (+0.2%) · QQQ: $587.82 (-0.0%) · VIX: $25.33 (-6.0%) · TLT: $86.84 (+0.5%) · DXY: $99.64 (+0.2%) · OIL: $91.27 (-1.2%)

SECTOR CLOSE

XLE (Energy) +3.7% · XBI (Biotech) +2.3% · XLF (Financials) +0.8% 🔴 COPX (Copper Miners) +0.9% · XLRE (Real Estate) -4.2% · URA (Uranium) -0.2%

SIGNALS

🟡 Crypto / Bitcoin (intensity 87) — BTC, ETH 🟡 Iran / Middle East (intensity 51) 🟡 Defense / Geopolitics (intensity 46) — ITA, LMT, RTX

EVENING NEWS

Bitcoin Rises as U.S.-Iran Tensions Escalate, Challenging Gold’s Safe Haven Dominance US Insists Talks Ongoing Even as Iran Rejects Trump Outreach Fed’s Miran Says He Raised Rate Projection Due to Inflation Data 🔴 Jefferies reports new $10mn First Brands loss as it writes off exposure 🔴 Analyst: Bitcoin Could Bottom at $46K as ‘Electric Cost’ Falls 🔴 Cattle Fading Back on Wednesday

SCENARIO SHIFTS

Late Cycle: Fed hawkishness and inflation persistence extend cycle 🔴 Goldilocks: Inflation and geopolitical tensions break goldilocks conditions Stagflation: Energy shocks and persistent inflation with growth concerns Hegemony: U.S.-Iran conflict tests American global influence Displacement: Bitcoin challenging gold's safe haven role signals monetary displacement

REGIME CHECK

🔴 Risk-Off · Neutral · STAGFLATION · Gauge: 84.9/100

UPCOMING — HIGH IMPACT

US Durable goods orders (MoM) (Revised) (Feb) — Apr 4, 02:00 PM UTC (prev: 0.0%) US Seasonally adjusted changes in non-agricultural employment population (thousands)(Mar) — Apr 3, 12:30 PM UTC (prev: -92) US Unemployment Rate(Mar) — Apr 3, 12:30 PM UTC (prev: 4.4%) Caixin Composite Purchasing Managers Index(Mar) — Apr 3, 01:45 AM UTC (prev: 55.4) Caixin Services Purchasing Managers Index(Mar) — Apr 3, 01:45 AM UTC (prev: 56.7) US Durable goods orders (MoM)(Final)(Feb) — Apr 2, 02:00 PM UTC (prev: 0.0%)

CONTRARIAN

• Bitcoin's safe haven narrative during the Iran crisis may be temporary positioning rather than funda • Energy price spikes from Iran conflict could accelerate renewable adoption faster than expected, mak agentcanary.ai | Not financial advice

72H TRACK RECORD

4 of 4 scored · 2026-03-28

HIT
4
PARTIAL
0
MISS
0
MACRO RADAR
Regime STAGFLATION held into next day
HIT
SIGNAL SCAN
Scenario A “Geopolitical Escalation” landed 3/3
HIT
MARKET PULSE
3/3 crypto directional calls hit
HIT
MARKET WRAP
Regime STAGFLATION held + SPY overnight -0.72% consistent with risk_off
HIT