Crypto Prices Remain Flat While Asia Secures Natural Gas Supplies

TheNewsCryptoPublished on 2026-03-11Last updated on 2026-03-11

Abstract

Cryptocurrency prices remained largely flat over the past 24 hours, with Bitcoin trading around $69,967 and Ethereum near $2,033. Most major cryptocurrencies saw minor declines, while TRX and DOGE posted slight gains. The overall market cap dipped 0.15%, and the Fear and Greed Index fell to 25. Meanwhile, Asia secured new liquefied natural gas supplies from LNG Canada, with shipments already sent to Japan, South Korea, and the Philippines. This development helps mitigate supply risks linked to Middle East tensions, which had raised concerns about a potential global recession and its impact on crypto markets. Major U.S. stock indexes closed mixed, with the Nasdaq slightly up while the Dow and S&P 500 declined. Oil prices also attempted to pull back. Crypto markets continue to await a potential rally once geopolitical pressures ease.

Crypto prices have moved flat over the last 24 hours. Meanwhile, the Asian region has found a new supply for natural gas amid the threats from the Iran conflict. Major US stock indexes closed mixed, given that only Nasdaq noted an upper hand while others closed down.

Flatness in Crypto Prices

Crypto prices seem as if they barely moved over the last 24 hours. For instance, BTC price is still between $69k and $70k, except it has marginally slipped by 0.23% to $69,967.48. ETH has also shed 0.62% of its value and is now trading at $2,033.62. This is in line with earlier trends wherein it’s been moving between $1.9k and $2.1k.

TRX price stands out among the top tokens with a 0.27% gain. So does DOGE with an uptick of 0.44%. Every other cryptocurrency in the list of top 10 tokens is down. The broader picture shows all of them moving within a narrow range.

Overall, the market cap has declined by 0.15%, and the FGI has shifted to 25 points.

Natural Gas Supply for Asia

Asia, known to be more vulnerable to the ongoing supply disruption, has possibly found a new source. LNG Canada has committed to boosting production and exports this month, which is March 2026. The Shell-led venture has already exported five cargoes as of March 11, 2026. Its next shipment is scheduled to depart tentatively on Thursday.

Countries to have received cargoes to this point are Japan, South Korea, and the Philippines. This is imperative because experts earlier flagged the possibility for a global recession if the Middle East conflict was prolonged. This was then expected to impact the crypto market and prices of cryptocurrencies as most of the top crypto-adoption countries on the list are Asian.

Notably, the chances for the US alone to record a recession were 34.9% and 39%, according to Kalshi and Polymarket, respectively. These numbers are subject to frequent revision.

Update on Major US Stock Indexes

Three major US stock indexes have reacted to the situation differently. Nasdaq closed higher by 0.01% while Dow and S&P 500 declined by 0.07% and 0.21%, applicable in the same order.

Oil prices are attempting to decline. Crypto prices continue to extend speculation for a significant jump when global markets get relief from the geopolitical situation.

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