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HomeIndustriesSoftwareTech StocksTech StocksCybersecurity stocks tumbled Friday morning on the news of a new Anthropic model, but analysts argue that AI will ultimately be a tailwind for the sectorPublished: March 27, 2026 at 11:36 a.m. ET

Shares of CrowdStrike, Palo Alto Networks and other cybersecurity stocks are among the worst performers in the S&P 500 index Friday on renewed concerns about competition from artificial-intelligence models.

But analysts aren’t convinced that AI has disrupted the cybersecurity business model just yet.

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fuboTV Inc. (NYSE:FUBO) has been one of the most punishing trades of the past year. Shares have fallen nearly 74% over the past 12 months and are down more than 69% year-to-date, with the stock sitting near its 52-week low of $9.35 against a 52-week high of $56.64. The one-week decline alone stands at 28.72%, partly reflecting a 1-for-12 reverse stock split effective March 23.

Street consensus sits at $41.25. But B. Riley initiated with a Buy and a bold $18 price target, arguing the 80% decline since the January 2025 high is overdone and that the Hulu merger is the real inflection point. From the current price of $9.66, that target implies roughly 86% upside. Can FUBO realistically reach $18 by end of 2026?

B. Riley’s $18 FUBO Prediction B. Riley views shares as “oversold” and sees the Hulu + Live TV combination as an “inflection” point, with scale benefits, improving ad yields, and synergies creating operating leverage and “meaningful” EBITDA upside relative to the current run-rate. The thesis rests on tangible early results: Pro Forma Adjusted EBITDA nearly doubled to $41.4 million in Q1 2026 from $22 million in the prior year, and the combined entity now ranks as the sixth-largest Pay TV service in the U.S. with 6.2 million North America subscribers.

Key Drivers of FUBO Stock Performance Disney ad server integration unlocking ad yield: Migration of fuboTV’s ad tech into the Disney Ad Server was completed in February 2026, with management projecting “meaningful uplift in both CPM and fill rates” as fuboTV inventory is sold alongside Disney+, ESPN+, and Hulu — a durable margin driver that compounds as ad revenue scales. ESPN distribution partnership accelerating subscriber growth: ESPN’s digital and social properties reached 4 out of 5 U.S. adults in November 2025, and fuboTV Sports is being integrated into ESPN’s commerce flow, lowering customer acquisition costs and improving long-term free cash flow. $120 million-plus in identified synergies still ahead: The January proxy deck cited $120 million-plus in total expected synergies, spanning advertising, content cost efficiencies, and procurement savings. Management called procurement “early stages” but potentially a “needle mover.” What Will It Take for FUBO to Reach $18? With 29.4 million shares outstanding post-reverse split, an $18 share price implies a market capitalization near $529 million. The path is clear: continued EBITDA expansion toward the $120 million-plus synergy target, successful ramp of the Disney ad server driving higher CPMs and fill rates, and subscriber stabilization as ESPN commerce integration funnels new customers to fuboTV Sports. The company already showed resilience when, despite losing NBC content for over four weeks during Q1 2026, subscribers still grew 3% year-over-year.

The primary risk is integration execution: combining two large streaming platforms while managing content costs, with formal guidance still pending and operating cash flow still negative at -$200.3 million. With $452.4 million in cash on hand and EBITDA already positive and accelerating, B. Riley’s conviction that the selloff is overdone makes the $18 target a credible long-term call, according to the firm’s analysis.

SAN FRANCISCO, March 27, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against ODDITY Tech. Ltd. (NASDAQ: ODD), seeking to represent investors who purchased ODDITY securities between February 26, 2025 and February 24, 2026.

The lawsuit follows the 49% decline in the price of ODDITY American Depositary Shares on February 25, 2026. The selloff, which wiped out over $600 million dollars of the company’s market capitalization, was triggered by the company’s announcement that it expects a whopping 30% year-over-year decline in its Q1 2026 revenue.

The development and severe market reaction have prompted national shareholders rights firm Hagens Berman to investigate claims that ODDITY violated the federal securities laws.

The firm urges investors in ODDITY who suffered significant losses to submit your losses now. The firm also encourages witnesses who may be able to assist in the investigation to contact its attorneys.

Class Period: Feb. 26, 2025 – Feb. 24, 2026
Lead Plaintiff Deadline: May 11, 2026
Visit: www.hbsslaw.com/investor-fraud/odd
Contact the Firm Now: [email protected]
                                                844-916-0895

ODDITY Tech. Ltd. (ODD) Securities Class Action:

The lawsuit is focused on ODDITY’s repeated touting of its AI-driven online platform, which the company assured investors would “sustain our high-growth and attractive margin profile[.]”

The complaint alleges that ODDITY made false and misleading statements while failing to disclose crucial information to investors, including an algorithm change by the company’s largest advertising partner which resulted in the diversion of ODDITY’s advertisements to lower quality auctions at abnormally high costs.

This, in turn, significantly increased ODDITY’s customer acquisition costs and negatively affected the company’s business and financial prospects.

In addition, the complaint alleges, the foregoing resulted in the company’s overstating the overall strength, stability, and sustainability of ODDITY’s digital operating model.  

Investors’ expectations were dashed on February 25, 2026, when ODDITY announced its Q4 and FY 2025 financial results and revealed that “we experienced a dislocation in our account with our largest advertising partner that we believe was driven by algorithm changes which diverted us to lower quality auctions at abnormally high costs” that drove new user acquisition costs significantly higher.

During the related earnings call, an analyst pressed management about when ODDITY first knew of the dislocation, but management would only say that they had “observed that something was different in the second half of 2025” – that is, without acknowledging when the issue actually started.

As concerning, ODDITY quantified the effects of the dislocation, saying that Q1 2026 revenue would decline 30% year-over-year.

“We’re investigating when ODDITY first knew of the dislocation issue and whether it may have intentionally misled investors about the true strength of its AI growth-driver,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in ODDITY and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »

If you’d like more information and answers to additional frequently asked questions about the ODDITY case and the firm’s investigation, read more »

Whistleblowers: Persons with non-public information regarding ODDITY should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Contact:
Reed Kathrein, 844-916-0895

Ondo crypto is trading against the grain. While broad crypto markets bleed, ONDO is posting a notable intraday gain, up roughly +5% on the day, trading at $0.262, while most altcoins are dropping heavily. The catalyst appears institutional, and the timing is deliberate. A freshly announced partnership with Franklin Templeton has injected rare narrative momentum into a token that, technically speaking, still has a long road to recovery.

Ondo Finance and Franklin Templeton have confirmed a collaboration to tokenize five of Franklin Templeton’s exchange-traded funds on the Ondo Global Markets platform. The tokenized ETFs will target investors across multiple non-US regions, with explicit use cases spanning DeFi collateral and on-chain financial infrastructure.

We’re excited to announce that Ondo has partnered with Franklin Templeton (@FTDA_US), one of the world’s largest asset managers with $1.7T AUM.

Together, we’re bringing exposure to Franklin Templeton-managed investment products onchain through Ondo Global Markets. pic.twitter.com/vY2AqbiMm7

— Ondo Finance (@OndoFinance) March 25, 2026

The deal positions Ondo as the dominant player in tokenized equities, the project reportedly controls a majority share of an approximately $950 million tokenized equity market. Institutional appetite for real-world asset tokenization has been building for months; this partnership makes that thesis concrete.

Whether the price can hold for its gains is a separate question entirely for ONDO crypto, and the technicals are more complicated than the headlines suggest.

(SOURCE: TradingView)

Can ONDO Crypto Sustain Its Rally Above $0.26 This Week? At approximately $0.286, ONDO crypto is trading above both its SMA-20 and SMA-50, which converge near $0.2604, a level that now serves as the most immediate structural support. The 24-hour volume context is significant: ONDO has processed $185M in volume as price oscillated between a $0.2546 low and a $0.2733 high before today’s leg upward, suggesting the move is not purely speculative froth.

Momentum indicators, however, are sending mixed signals. The daily RSI sits near 52.8, modestly positive but not extended. The MACD shows an active sell signal on the daily timeframe, and the ADX is neutral, indicating limited trend conviction. Stoch RSI at 56.6 and CCI at 41 are neutral to slightly elevated. The BBP buy reading confirms intraday buyer dominance, but a single session’s enthusiasm rarely rewrites a longer trend.

$ONDO once you see it, you can’t unsee it

rumor has it that @OndoPerps is launching soon 👀 pic.twitter.com/YR7Nj2sHBp

— wildly bullish (@wildlybullish) March 27, 2026

Three scenarios are plausible from here. Bull case: ONDO crypto holds above $0.26, consolidates, and the Franklin Templeton narrative sustains buying pressure toward the $0.293 resistance. Base case: price oscillates between $0.26 and $0.293 in sideways consolidation as mixed signals prevent a decisive break.

Bear case: $0.26 fails as support; in that scenario, the CoinCodex model projecting a decline toward $0.2062 by month-end becomes more credible. The SMA-200 at $0.5168 remains a distant ceiling, underscoring that today’s rally, however real, is still a counter-trend move within a larger bearish structure. Analysts at Hexn project a near-term target of $0.2717. The $0.269 level is the most important line right now.

DISCOVER: Next Crypto to Explode in 2026

LiquidChain Eyes Early-Mover Positioning as ONDO Tests Structural Limits

(SOURCE: LiquidChain)

The ONDO crypto rally is real, but the upside math at a $1.3Bn market cap is constrained. A token already past price discovery, facing long-term bearish technicals and needing institutional catalysts just to sustain momentum, offers a different risk profile than a project at the ground floor.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a specific structural problem: fragmented liquidity across Bitcoin, Ethereum, and Solana. Its Unified Liquidity Layer merges the three ecosystems into a single execution environment, with a Deploy-Once Architecture allowing developers to access all three networks without rebuilding infrastructure per chain.

Verifiable Settlement and Single-Step Execution round out the core feature set. The presale has raised nearly $624,000 to date, with LIQUID currently priced at $0.01435.

Visit the LiquidChain Presale Website Here.

EXPLORE: Best Crypto to Buy Right Now

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Token Sales News

Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing "information gain" that cuts through market hype to find real-world blockchain utility.

TLDR Table of Contents

TLDRAnchorage Digital Expands Regulated Access to TRXTRON Stablecoin Activity Supports Institutional DemandGet 3 Free Stock Ebooks Anchorage Digital has launched regulated custody support for TRX for U.S. institutional clients. The rollout begins with TRX custody and will expand to TRC-20 tokens and native staking. Institutions can access TRON through Anchorage Digital’s federally chartered banking platform. TRON currently holds about $86 billion in stablecoins, accounting for over 25% of total supply. Anchorage Digital continues to expand blockchain support across major layer one and layer two networks. Anchorage Digital has launched custody support for TRX, expanding regulated access to the TRON blockchain for U.S. institutions. The rollout starts with institutional custody and will expand to TRC-20 tokens and native staking. The move brings TRON into a federally chartered crypto banking framework.

Anchorage Digital Expands Regulated Access to TRX Anchorage Digital introduced custody for TRX through its federally chartered platform and Porto wallet. The company said institutions can now hold TRX within a regulated U.S. structure. It confirmed that the rollout will occur in planned stages.

The firm will add support for TRC-20 tokens built on TRON after the initial launch. It also plans to introduce native TRX staking for institutional clients. CEO Nathan McCauley said the integration brings “one of crypto’s largest ecosystems into an institutional framework.”

Anchorage Digital operates as the first crypto company with a U.S. banking charter. The company provides custody, trading, and staking services to institutional clients. It supports both direct custody and self-custody through its Porto wallet.

The phased rollout begins with TRX custody for qualified institutions. The company will expand token support once integration milestones are completed. It will then enable staking to allow clients to earn rewards.

Anchorage Digital stated that institutions can manage TRX under existing compliance controls. The company designed its platform to meet federal regulatory standards. It said the integration reflects client demand for broader blockchain access.

The company did not disclose a specific timeline for TRC-20 or staking support. It confirmed that development work remains ongoing. It said it will announce updates as features become available.

TRON Stablecoin Activity Supports Institutional Demand TRON hosts one of the largest stablecoin supplies across public blockchains. Data from DeFiLlama shows stablecoin supply on TRON stands at about $86 billion. That amount represents more than 25% of the total stablecoin market.

The network has recorded steady growth in stablecoin transfers over three years. Market participants use TRON widely for digital asset payments. The blockchain processes high volumes of token transfers daily.

Anchorage Digital said regulated custody removes operational barriers for institutions. The company stated that clients can access TRON without managing private keys directly. It confirmed that compliance checks remain integrated into its custody process.

Anchorage Digital already supports Bitcoin, Ethereum, and Solana custody services. It also provides access to Avalanche and BNB Chain for institutional clients. The platform integrates layer-2 networks such as Arbitrum, Optimism, Base, and Linea.

The company previously added support for networks including Sui and Aptos. It continues to expand blockchain coverage under its banking charter. The TRON integration marks the latest addition to its supported ecosystems.

Coinbase recently introduced a mortgage product backed by crypto collateral. The product allows borrowers to use Bitcoin and USDC to secure loans. These developments reflect continued infrastructure expansion within regulated digital asset markets.

Chainlink’s [LINK] reserve has added 131,905 LINK worth over $1.1 million, pushing total holdings to 2.79 million LINK while price continues consolidating below key resistance levels. This expansion reflects sustained strategic accumulation rather than short-term positioning. 

As tokens move into reserve custody, circulating supply across active markets continues shrinking. This shift directly reduces the volume available for immediate selling pressure. 

However, the LINK price has not reacted with strength, which suggests that demand has not matched this tightening supply yet.  Instead, the market continues absorbing supply changes without triggering upward expansion. 

Chainlink capped below $10 under pressure LINK continues trading below the $10 resistance while forming a bearish pennant structure. Price recently declined toward $7.84 before stabilizing near $8.89, which reflects ongoing compression after a sharp drop. 

The pennant formation shows lower highs pressing against horizontal resistance, keeping upside attempts limited. However, support remains fragile as the structure leans toward continuation rather than reversal. 

A breakdown from this formation would expose the $5.77 level as the next downside target. Although price attempts minor recoveries, rejection near the upper boundary keeps pressure intact. This structure continues guiding direction as sellers defend key resistance levels consistently.

At press time, RSI read 46.37, which reflects weakening strength across recent sessions. Instead of building upward pressure, the indicator has rolled over, aligning with price compression inside the pennant. This behavior signals that buyers have not regained control despite short-term stabilization. 

Source: TradingView Outflows rise as exchange pressure eases At press time, Exchange Netflows declined by 15.31%, signaling that fewer tokens are entering exchanges for potential selling. This shift reflects increasing outflows, which reduces immediate sell-side pressure across trading platforms. 

As tokens move away from exchanges, available liquidity for quick distribution declines. However, price has not responded with upward expansion, which suggests that demand remains subdued. This creates a condition where supply tightens without triggering aggressive accumulation from buyers. 

Still, reduced inflows limit the risk of sudden sell-offs, which may slow the pace of downside moves rather than reverse direction entirely.

Source: CryptoQuant Chainlink long liquidations dominate as downside persists Liquidation data shows that long positions have faced greater pressure compared to shorts. Recent figures indicate $55.8K in long liquidations versus $24.59 in short liquidations. This imbalance confirms that bullish traders continue exiting positions under pressure. 

As long positions get cleared, downside continuation becomes easier since fewer leveraged buyers remain to support price. 

Additionally, the lack of significant short liquidations shows that sellers have not faced forced exits, which limits the chances of a short squeeze. This positioning structure reinforces the broader bearish outlook, as market dynamics continue to favor downside over recovery.

Source: CoinGlass Chainlink’s accumulation and declining exchange supply suggest tightening fundamentals, yet price structure and derivatives positioning continue favoring downside. 

As long as LINK remains below $10 and long liquidations dominate, the market leans bearish, with a potential move toward $5.77 remaining structurally supported unless buyers reclaim control.

Final Summary Accumulation continues building in the background, yet price structure still reflects seller dominance and unresolved downside pressure. Unless buyers reclaim control above resistance, current positioning would continue favoring downside expansion toward lower support zones.

15h05 ▪ 4 min read ▪ by Fenelon L.

Summarize this article with:

MARA Holdings just sent a strong message to the market. The American mining giant sold a massive part of its bitcoin treasury to buy back its debt at a discount. A clever financial maneuver that also says a lot about the real pressures miners are facing today.

In brief MARA sold 15,133 BTC between March 4 and 25 to raise about 1.1 billion dollars. The company wants to buy back 1 billion dollars of zero-coupon convertible debt for about 913 million dollars. The operation allows it to save about 88 million dollars, representing a discount close to 9%. MARA sacrifices part of its Bitcoins to clean up its balance sheet MARA Holdings announced Thursday that it had sold part of its bitcoin reserves to fund a debt buyback operation. Between March 4 and 25, 2025, the company sold 15,133 BTC, raising about 1.1 billion dollars in the process. 

Objective: buy back 1 billion dollars of zero-coupon convertible bonds, maturing in 2030 and 2031, for only 913 million dollars. That is a discount of nearly 9% on the nominal value.

Financially, the operation is particularly clever. By buying back its own debt at a discount close to 9%, MARA immediately saves about 88 million dollars.

This move also allows the group to significantly reduce its financial leverage, with a decrease of about 30% of its convertible debt, which should fall back to 2.3 billion dollars once all transactions are completed.

For Fred Thiel, MARA’s CEO, this decision goes far beyond a simple accounting adjustment. According to him, it strengthens the company’s “financial flexibility” and gives it more room to accelerate its development “beyond just Bitcoin mining,” notably in digital energy, artificial intelligence, and high-performance computing (HPC).

In short, MARA now wants to position itself as a technology infrastructure player, no longer just as a Bitcoin miner.

The market response was quick. In pre-market trading, MARA’s stock rose from 8.25 dollars to 9.29 dollars, an increase of over 12%. 

Behind the operation, MARA’s real pivot is happening in AI This decision is no accident. MARA is coming off a difficult quarter, marked by a net loss of 1.7 billion dollars, largely due to accounting adjustments of its bitcoin holdings. No direct cash impact, admittedly, but a harsh reminder: a balance sheet too exposed to crypto volatility can quickly become a burden.

The company also wants to tell a different story. Its CEO Fred Thiel now speaks less about mining and more about digital energy, AI infrastructure, and high-performance computing. In market language, this means one thing: MARA wants to move away from exclusive dependence on Bitcoin.

It is not alone in this approach. Bitdeer recently liquidated its entire BTC treasury to accelerate its pivot to AI and data centers. The underlying trend is clear: in the sector, the “hold forever” narrative is gradually giving way to a much colder logic — survive, refinance, then diversify.

For investors, the message is twofold. In the short term, the operation is good news: less debt, more flexibility, better risk management. However, in the longer term, it confirms a more uncomfortable reality: even the largest miners no longer want to rely solely on bitcoin to justify their valuation.

In summary, MARA has not turned its back on Bitcoin. It has just demonstrated that in 2025, balance sheet discipline weighs more than maximalist ideology. This may be the real turning point: among large listed miners, financial survival now takes precedence over conviction.

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Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Bitcoin at $66,000 is driven by a macro sell-off after Iran rejected a U.S. peace proposal, pressuring risk assets and pushing sentiment deeper into the fear zone (26); liquidations stand at $447.7 million over the past 24 hours.  

Bitcoin ETFs saw $171.2 million in net outflows on Thursday, while Ethereum ETFs reported $92.5 million in net outflows.  

Trader Commentary:

Trader Lennaert Snyder expects downside continuation, with a bearish target at the prior weekly low of $67,360. However, he remains patient, waiting for a bounce and confirmation before entering safer short positions rather than chasing the move late.

CyrilXBT said Ethereum remains in a strong downtrend and is showing relative weakness, currently hovering near key support around $2,050 after being rejected from the $2,200–$2,400 supply zone.

A break below $1,750 could open the door for further downside toward the $1,400–$1,500 range, while a move above $2,400 is needed to signal any meaningful bullish recovery.

Crypto chart analyst Ali Martinez said the TD Sequential indicator has generated a buy signal for Solana, suggesting the potential for a short-term price rebound or reversal based on historical patterns.

Image: Shutterstock

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The TRX price is grinding higher while most of the market looks the other way. But behind the charts, something bigger is unfolding. Tron isn’t just another chain just chasing narratives anymore; in fact it’s already running scale. 

The ecosystem has billions in USDT that’s a key player for its rising utility and its growth of 366 million users and 13 billion transactions is proof of that. Those aren’t projections. That’s the current usage. And yet, somehow, it still feels under-discussed. And now, today’s move is pushing it into regulation circumference.

Tron quietly dominates real-world blockchain usage todayWhile other ecosystems chase adoption, Tron seems to have stumbled into it and stayed longer. Massive stablecoin liquidity, consistent transaction throughput, and actual usage in payments and settlements have pushed it into a category most chains haven’t reached.

And now, things are getting official. Anchorage Digital just announced institutional-grade custody and staking support for TRX, effectively bringing Tron inside the U.S. regulatory perimeter. 

.@Anchorage, home to America’s first federally chartered crypto bank, today announced that it will now support the TRON Network, bringing secure, institutional-grade custody and infrastructure to one of the largest and most widely used networks in crypto.

Through this… pic.twitter.com/5QpcEMrCff

— TRON DAO (@trondao) March 26, 2026 That’s not just another partnership headline it makes Anchorage the first federally chartered U.S. firm to offer this for Tron.

Translation? Institutions now have a clearer path to interact with the network.

Institutional adoption meets trillion-dollar stablecoin settlement flowsBut let’s not pretend this is happening in isolation. Tron’s ecosystem is already deeply tied to the stablecoin movement, especially USDT and that’s where the real volume lives.

The combination of institutional custody and existing transaction scale creates a strange dynamic: infrastructure catching up to usage, not the other way around.

And then comes the next layer and that’s AI. A $1 billion TRON AI Fund has been committed to accelerating what’s being called the “agentic economy.” The pitch is simple: automated, machine-to-machine financial flows running on a network built for low-cost, predictable execution.

.@TRONDAO AI Fund is committing $1B to accelerate the agentic economy.

“TRON has the ability to sustain large-scale, real-world transaction volumes with predictable, low-cost execution.

This makes it ideal for repeated, automated interactions such as treasury management,…

— H.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron) March 26, 2026 Think treasury management, merchant settlements, API-to-API payments. Not flashy. But very real.

TRX price forms bullish reversal with breakout nearingNow flip back to the charts, because this is where things get interesting.

The TRX price has been steadily climbing since early February, forming what looks like a textbook double bottom pattern. Momentum is building, and price is now pushing toward a key neckline resistance around $0.3200.

But markets don’t move in straight lines. A short-term pullback toward the 200-day EMA wouldn’t be surprising. In fact, it’d probably be healthy. More liquidity, better structure, stronger base.

Still, if that neckline breaks and holds, the next logical target sits near $0.3600. That’s where things could accelerate.

So yeah, while everyone’s busy chasing the next hype cycle, the TRX price is quietly aligning fundamentals, adoption, and structure. And those setups… they tend to matter more than people expect.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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As the prolonged crypto market volatility continues to persist for several months, Bitcoin’s on-chain activity has also cooled massively over the period.

Recent data shared by crypto analytics platform Cryptoquant shows that the number of active addresses on Bitcoin has dropped by over 30% from the peak levels it achieved in 2025.

While the active address metric is significant in measuring the network participation of the concerned asset, it basically tracks the number of unique wallet addresses sending or receiving Bitcoin within a given period.

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It typically indicates Bitcoin network usage, allowing analysts to easily predict whether the asset is gaining momentum or not.

Bitcoin active addresses drop to 655,908The data further revealed that Bitcoin recorded 938,609 active addresses on Aug. 8, 2025. 

While the market has turned extremely negative since the last quarter of 2025 until this time, that number had fallen to 655,908 by March 25, 2026.

Source: Cryptoquant In addition to this, the Cryptoquant analyst further revealed charts showing that the seven-day moving average of active addresses has dropped from 777,283 to 612,972.

While this marks a 21.14% decrease in the weekly metric, the 30-day moving average has also declined from 743,714 to 636,314, representing a 14.44% drop.

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While the declines have persisted for several months, the drop in Bitcoin’s network activity is unlikely to be attributable to short-term volatility, but rather, a sustained cooling of user participation.

Bitcoin price weakensOver the period, Bitcoin has also traded consistently in the red zone, dropping to significant lows in price as investors increasingly withdraw participations.

While Bitcoin’s price action has become extremely weak over time, with network performance also falling substantially, the Bitcoin ecosystem appears to be facing lower capital rotation, fewer transactions and weaker organic demand across the network.

As such, analysts predict that a resurgence in the asset’s network participation could further drive a strong rebound in its price.

Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.”

Key points:

Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz.

BTC price performance is set to seal its sixth straight month of losses at the March close.

Traders eye the lows with $70,000 back as resistance.

Oil squeeze creates US bond-market havocData from TradingView captured ongoing BTC price losses, which approached 4% on the day and threatened to turn March into Bitcoin’s sixth consecutive “red” month.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Macro headlines drove weakness across risk assets. US stocks opened downward after Iran closed the Strait of Hormuz, sharpening nerves over global oil supplies.

With the US-Iran war set to extend into April, markets showed stress everywhere — including US bonds.

“The US bond market is in major trouble today,” trading resource The Kobeissi Letter warned in a post on X.

Kobeissi noted that the 10-year Treasury note was now at its highest levels since the war began, creating a major headache for the Federal Reserve as it tries to tame inflation as labor-market conditions worsen.

“In less than one month, markets have gone from discussing rate cuts to rate hikes, with the base case showing a Fed PAUSE for the next 18 months,” it continued. 

“Keep in mind, the Fed was cutting interest rates because the labor market was weak, and it remains weak. However, inflation expectations have just become an even bigger problem than the labor market. This is objectively unsustainable.”Federal Reserve target rate probabilities (screenshot). Source: CME Group FedWatch Tool
As Cointelegraph reported, oil prices have a pronounced impact on US inflation trends, while markets have also raised expectations of recession hitting in 2026.

“Inflation expectations have become so bad that the market is trading like an emergency Fed rate hike is imminent,” Kobeissi founder Adam Kobeissi added.

US two-year bond chart. Source: Adam Kobeissi/XBitcoin price resistance settles in at $70,000Among Bitcoin traders, the mood was just as wary as BTC/USD circled its lowest levels in three weeks.

Analyzing four-hour time frames, Telegram trading resource Technical Crypto Analyst predicted a “likely” return to $64,000 next.

“BTC has clearly broken its ascending trendline and is now showing lower highs under the 70–72K supply, confirming a short-term bearish shift; with price losing the 68K support, continuation toward the 64–65K demand zone is likely, and only a reclaim above 70K would invalidate the bearish momentum,” it told subscribers.

BTC/USDT perpetual contract four-hour chart. Source: Crypto Technical Analyst/Telegram
Data from CoinGlass revealed the high stakes for price into the March monthly close, with BTC/USD readying its first six straight months of losses since the end of its 2018 bear market.

BTC/USD monthly returns (screenshot). Source: CoinGlass
“Indeed seeing the market derisking into the weekend as expected and as we've been seeing several weeks now,” trader Daan Crypto Trades continued. 

“Eyes on that $65.6K low from last week Monday. Main area to watch for me will be the range low. Seeing there's still quite a bit of liquidity around that area.”BTC/USDT perpetual contract four-hour chart. Source: Daan Crypto Trades/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Crypto exchange-traded funds (ETFs) remained under pressure on Thursday, with bitcoin posting heavy outflows and ether extending its losing streak. Solana declined modestly, while XRP activity stayed flat.

Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal.

Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback.

Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB at $33.10 million and Fidelity’s FBTC at $32.81 million. Ark & 21Shares’ ARKB saw $30.45 million exit, while Grayscale’s GBTC lost $25.06 million.

Mixed week for bitcoin ETFs so far, with two days each of inflows and outflows. Smaller but notable outflows were also recorded in Grayscale’s Bitcoin Mini Trust at $5.45 million and Vaneck’s HODL at $2.42 million. Trading volume came in at $2.49 billion, with net assets falling to $88.36 billion.

Ether ETFs extended their negative run to seven consecutive days, posting $92.54 million in net outflows. The headline figure, however, tells only part of the story.

Blackrock’s ETHA recorded a steep $140.24 million exit, driving the bulk of the losses. Additional outflows came from Fidelity’s FETH at $23.95 million, Grayscale’s ETHE and Ether Mini Trust at $13.83 million and $6.21 million, and Bitwise’s ETHW at $5.12 million.

Yet there was a counterbalance. Blackrock’s ETHB attracted a strong $96.81 million inflow, partially offsetting the broader declines and standing out as a rare point of strength. Trading volume reached $878.53 million, while net assets closed at $11.70 billion.

Elsewhere, activity remained subdued. XRP ETFs recorded no trading action, with assets steady at $949.15 million. Solana ETFs saw a modest $1.04 million outflow, driven by Fidelity’s FSOL and Vaneck’s VSOL. Trading volume stood at $23.96 million, with net assets at $849.65 million.

The broader pattern is becoming clearer. Bitcoin and ether are facing sustained selling pressure, while smaller assets struggle to attract consistent demand. Even isolated inflows are no longer enough to shift the overall trend.

In summary, Thursday reinforced the market’s cautious stance. Bitcoin saw widespread outflows, ether extended its losing streak despite pockets of strength, solana slipped modestly, and XRP remained inactive. The market continues to search for stability.

FAQ 📊 Why are Bitcoin ETFs experiencing broad-based outflows?
Bitcoin ETF outflows reflect widespread profit-taking and reduced institutional risk appetite, with multiple funds seeing consistent redemptions across the board. What caused Ether ETFs to extend their outflow streak to seven days?
Persistent selling pressure, especially from Blackrock’s ETHA, has driven the continued streak despite occasional inflows in select funds. Why did Blackrock’s ETHB record strong inflows while others declined?
ETHB appears to be attracting targeted institutional interest, possibly due to its structure or positioning compared to competing ether ETFs. What does low activity in XRP and declining Solana flows indicate?
It suggests reduced investor engagement in smaller crypto ETFs, with capital concentrating more cautiously in major assets or staying sidelined.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Dogecoin had begun 2026 on a positive note following a 20% gain last December, with its price rising in the first few days of the year.

Dogecoin quickly rose to a high of $0.1566 on Jan. 6 amid buyers' optimism at the year's start, but this was, however, shortlived. The dog coin declined thereafter, reaching a multiyear low of $0.0799 in February.

According to CoinGlass data, the dog coin remains in red across most time frames. It is particularly down 23.33% on a year-to-date basis. Dogecoin holders who bought this time are sitting on average losses of about 53%, with the dog coin down 53.85% on a one-year basis. 

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At the time of writing, Dogecoin was down 1.37% in the last 24 hours to $0.0899 and down nearly 5% weekly.

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The majority of cryptocurrencies are trading in red on a daily and weekly basis. Rising U.S. Treasury yields and a stronger dollar have weighed significantly on risk assets, including cryptocurrencies and crypto-related equities.

The decline across the market has seen more than $448 million in liquidations in the last 24 hours, according to CoinGlass, of which about 85% came from long positions alone.

The recent market decline has seen $398 million in long bets liquidated, while shorts came in at $50 million.

Will $0.08 stop bears?Dogecoin touched a low near $0.08 in February, a level that halted Dogecoin's drop in August 2024. Dogecoin began to rise in the months that followed, reaching a high of $0.48 in November of the same year, a 500% increase.

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The $0.07 to $0.08 level has served as key Dogecoin support at various times in Dogecoin's price history — for instance, in January 2024.

Zooming out, the broader crypto market, including Dogecoin, remains trapped in a price range that has continued since early February despite multiple attempts to break out to the upside.

Derivatives data shows funding rates at their most negative since June 2023, a setup for a short squeeze rather than further declines. 

Bitcoin (BTC) is again being treated as a macro lever—jerking lower on President Trump’s tariff rhetoric, sliding with spikes in oil, and flinching whenever the Federal Reserve chair hints at tighter financial conditions. The reflex explanation is familiar: ‘risk-off’ sentiment. But the more consequential question is what today’s market is actually trading—Bitcoin itself, or a simplified story about Bitcoin.

In global markets, complexity is expensive. When an asset is difficult to categorize, investors reach for shorthand that makes positioning, stop-loss decisions, and research narratives easier to maintain. Over the past cycle, Bitcoin has often been filed into the ‘risk asset’ drawer—a cousin of U.S. tech stocks that rises with the Nasdaq and falls when Trump escalates trade threats or when rates appear likely to stay higher for longer.

That label is not baseless. Bitcoin is widely used as a liquid, 24/7 vehicle for expressing sentiment, and its derivatives markets are deep enough to transmit shock quickly. Yet the ‘risk asset’ drawer is also too small for what Bitcoin is and why it exists.

Unlike equities or sovereign currencies, Bitcoin is not issued by any state or central bank. Its supply is capped at 21 million units, and its issuance schedule is governed by code—most notably the ‘halving’ event that reduces mining rewards roughly every four years, independent of human policy. It operates on a permissionless network designed to move value across borders without relying on conventional gatekeepers. These characteristics are not erased by a single post from President Trump or a single press conference from the Fed. Still, day-to-day trading often behaves as if they were.

The mechanism is as much structural as it is psychological. Systematic strategies and algorithmic execution can link Bitcoin’s flows to U.S. index futures: when Nasdaq futures drop, Bitcoin sell signals multiply. As leveraged positions unwind, liquidations accelerate declines; accelerating declines spread fear; fear pulls more supply into the market. After enough repetitions, the proposition that “Bitcoin is a risk asset” hardens from a useful heuristic into something treated like an immutable law.

This is where the market’s odd feedback loop emerges. Narrative shapes price, and price then appears to validate narrative. Economists describe the phenomenon as ‘self-fulfilling expectations’—beliefs that become real because enough participants act as if they are. But self-fulfilling stories rarely last forever. When the gap between the popular narrative and underlying reality widens too far, the correction can arrive abruptly.

Recent history offers a case study. Through much of 2022, Bitcoin traded like a shadow of the Nasdaq, reinforcing the idea that correlation was destiny. Yet in early 2023, as stress spread across parts of the banking sector, Bitcoin rallied sharply—an episode that forced traders to reconsider whether the ‘risk asset’ label captured the whole picture. As confidence in traditional financial plumbing weakened, the market rediscovered a different face of Bitcoin, one tied to skepticism toward intermediaries and the resilience of an alternative network.

The asset did not fundamentally change. The lens did. And when the lens changes, pricing can re-rate violently. Those anchored to a single framework—Bitcoin as nothing more than a high-beta proxy for U.S. equities—can find themselves positioned for the wrong regime, absorbing losses without understanding why the market’s behavior suddenly diverged from the script.

Today, Bitcoin’s identity in markets continues to rotate among competing frames: ‘digital gold,’ ‘speculative asset,’ ‘institutionalized collateral,’ and—at times—a simple ‘risk-on/risk-off’ instrument. Each narrative contains a slice of truth. None captures the full set of properties that influence demand across cycles: fixed supply dynamics, global liquidity conditions, regulatory posture, institutional adoption, custody infrastructure, on-chain settlement utility, and the role Bitcoin plays when trust in legacy systems erodes.

The danger for market participants is not that narratives exist, but that a single narrative becomes totalizing. When that happens, certain attributes stop being priced—until a catalyst forces recognition. The sudden repricing that follows is what traders later describe as a “surge” or a “crash,” even though it often reflects the market correcting a mismatch between story and reality.

The practical implication is less about predicting the next headline reaction to Trump’s trade messaging or the Fed’s guidance, and more about recognizing what is being bought and sold. In a market dominated by flows, leverage, and storytelling, Bitcoin can trade as a macro proxy—until it doesn’t. The critical distinction is whether participants are trading Bitcoin (BTC), or trading the day’s narrative about Bitcoin. Those two exposures can look identical in calm conditions, and diverge sharply when the lens shifts.

Article Summary by TokenPost.ai

🔎 Market Interpretation

Bitcoin is being priced as a macro proxy: BTC reacts to tariff rhetoric, oil spikes, and Fed tone largely because traders use it as a liquid 24/7 vehicle for expressing “risk-on/risk-off” sentiment.

Markets trade simplifications when complexity is costly: Investors often file BTC into a “risk asset” category (high-beta cousin of U.S. tech), which streamlines positioning, hedging, and narratives—but can misrepresent what BTC fundamentally is.

Structural linkages reinforce correlation: Systematic strategies, algos, and derivatives-driven flows mechanically connect BTC to Nasdaq/index futures; deleveraging and liquidations amplify moves and make the correlation feel “inevitable.”

A feedback loop forms: Narrative → positioning → price action → “validation” of narrative, turning a heuristic into an assumed law. This is framed as self-fulfilling expectations.

Regime shifts break the story: The 2023 banking-stress rally is used as evidence that BTC can reprice when the dominant lens changes—highlighting properties tied to distrust of intermediaries and alternative settlement.

BTC’s identity is multi-frame: It rotates between “digital gold,” “speculative asset,” “institutional collateral,” and “macro risk instrument.” No single label captures supply constraints, network utility, regulation, liquidity, and trust dynamics together.

💡 Strategic Points

Separate ‘BTC exposure’ from ‘narrative exposure’: In calm markets they look similar; in lens-shift moments they diverge sharply. Risk management should assume correlation can break suddenly.

Watch flow mechanics, not only headlines: Monitor leverage, liquidation clusters, funding rates, and correlations to index futures—these can drive moves more than fundamental news in the short run.

Avoid totalizing frameworks: Treat “BTC = risk asset” as a conditional model, not a law. Build scenarios where BTC trades as: (1) high-beta risk, (2) liquidity hedge, (3) trust/sovereignty hedge.

Identify catalysts that can force repricing: Banking/credit stress, custody or regulatory changes, shifts in global liquidity, or adoption milestones can reweight which BTC attributes the market prices.

Incorporate protocol-driven supply into cycle analysis: The halving schedule and capped supply can matter more over longer horizons even if ignored during macro-driven drawdowns.

Position sizing for narrative breaks: Use asymmetric risk controls (hard stops, options hedges, lower leverage) because re-ratings can be rapid when the “story vs reality” gap closes.

📘 Glossary

Risk-on / Risk-off: Market regime where investors seek higher-return assets (risk-on) or retreat to perceived safety/liquidity (risk-off).

Macro proxy: An asset traded primarily as a stand-in for broad economic or policy expectations (rates, growth, trade shocks).

High-beta: Tends to move more than the benchmark; in this context, BTC behaving like a leveraged version of equity risk.

Derivatives market depth: Availability of futures/options/perps with sufficient liquidity to transmit shocks and enable leverage.

Liquidation: Forced closing of leveraged positions when margin falls below requirements, often accelerating price moves.

Systematic strategies: Rule-based, algorithmic trading approaches that react mechanically to signals (e.g., index drops triggering BTC sells).

Self-fulfilling expectations: Beliefs that become true because enough participants act on them, shaping outcomes (narrative-driven pricing).

Halving: Bitcoin protocol event that cuts mining rewards roughly every four years, slowing new supply issuance.

Permissionless network: A system that anyone can use without approval from a central authority, enabling cross-border value transfer.

Re-rating / Regime shift: Rapid change in valuation and correlations when the market’s dominant framework for an asset changes.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Ukraine Blows Up Trump’s Oil PlanPresident Donald Trump lifted sanctions on Russian crude to compensate for oil supply disruptions caused by the Iran war and cool energy markets.

Ukraine destroyed that strategy this week with drone strikes on ports and refiners in Russia’s Leningrad region.

The damage represents “the most serious threat” to Russia’s oil exports since Putin’s full-scale invasion of Ukraine in 2022, according to observers. 

About 40% of Russia’s oil export capacity is now offline, creating what Oilprice.com editor Michael Kern described as “a logistics problem first—and a supply problem second,” CoinDesk reported.

“In conjunction with the war in the Middle East and de facto closure of the Strait of Hormuz and subsequent oil/LNG production outages, the Russian disruption adds a fresh element to already sky-high oil prices,” Kern said.

The Inflation Risk ReturnsHigher sticky energy prices could lead to sticky inflation, potentially pressuring global central banks to raise borrowing costs and drain liquidity. 

For risk assets like Bitcoin, this creates a challenging environment. The cryptocurrency has been trading within the $65,000-$75,000 range, and macro pressures from elevated oil prices represent a key factor threatening that support.

The $171 Million ETF ExodusOn Thursday, investors withdrew a combined $171.12 million from the 11 U.S.-listed spot Bitcoin ETFs, according to SoSoValue data.

BlackRock’s IBIT (NASDAQ:IBIT) saw $41.92 million in outflows, while FBTC, GBTC, BITB, and ARKB each recorded withdrawals in the $20 million to $30 million range. 

The pullback follows robust inflows that attracted more than $2 billion between late February and mid-March.

Since then, momentum has slowed dramatically. ETFs attracted just $95.8 million in inflows last week and posted net outflows of $70.71 million so far this week, signaling a clear shift in institutional sentiment.

Key Levels for BitcoinThe Parabolic SAR at $75,187 sits well above price, confirming bears remain in control on the daily timeframe. 

The Supertrend at $66,129 is nearly identical to the current price—a close below this flips the signal bearish again.

Key support sits at $65,000, with $61,000 at the wedge base below that. 

On the upside, resistance clusters at $72,500, then $75,187 (SAR), then $80,000. A wedge breakdown would open the door to $60,000 and below, while bulls need a clean breakout above $75,000 to shift momentum.

Image source: Shutterstock

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TLDR A veteran trader says Cardano could reach $2 within days if it posts consecutive 40% to 50% daily gains. Cardano currently trades at $0.2516 and would need about a 695% increase to hit the $2 target. The trader based his projection on past market cycles where ADA delivered rapid price rallies. In 2021, Cardano surged to an all-time high of $3.10 after a 134% monthly increase. ADA also climbed 162% in 15 days during the 2024 post-election market rally. Cardano could approach the $2 level faster than current sentiment suggests, according to an experienced crypto trader. Yesreel stated that consecutive daily gains of 40% to 50% could lift ADA within days. He based this view on past price cycles and current price levels.

Cardano Price Path to $2 Yesreel said Cardano could climb rapidly if it records strong daily gains. He explained that two or three large moves can shift momentum quickly. “ADA can reach $2 faster than many expect,” he stated. He added that consecutive 40% or 50% gains could accelerate the move. He linked this projection to prior bullish cycles.

Cardano trades at $0.2516 at the time of writing. Therefore, the token needs about a 695% increase to reach $2. He calculated that six days of 40% gains could achieve that level. He also said five days of 50% gains could shorten the timeline. However, he tied this scenario to sustained upward pressure.

Past Rallies Support the Outlook Cardano has posted sharp rallies during previous market cycles. In 2021, ADA reached an all-time high of $3.10. Between August 2 and September 2, 2021, the price climbed 134%. It moved from $1.32 to $3.10 within that period. The surge followed rising demand and strong market activity.

$ADA can go to $2 faster than you think

It only needs a few consecutive days with 40%-50% pumps🚀

It has happened before, it can happen again.

— Yesreel (@Yesreel_) March 26, 2026

In another cycle, ADA gained over 100% within two weeks. From November 5, 2024, to November 20, 2024, the price jumped from $0.32 to $0.84. That move represented a 162% increase in 15 days. The rally occurred during a broader post-election market upswing. These figures show that ADA has delivered rapid gains before.

Current conditions differ from earlier rallies. Cardano trades below $0.30 and ranks 12th by market value. Broader market weakness has limited upward movement in recent weeks. Escalating geopolitical tensions in the Middle East have also pressured digital assets. As a result, ADA has struggled to regain higher levels.

Yesreel stressed that momentum remains the key factor. He said strong daily gains could change sentiment quickly. “Compounding moves can drive price growth in a short period,” he noted. He referred to past cycles where sustained buying lifted ADA sharply. However, he did not assign a fixed timeline.

Market data shows ADA remains far from its 2021 peak. The asset currently trades more than 90% below $3.10. Even so, prior rallies demonstrate its capacity for fast advances. The present price of $0.2516 sets the base for any upward attempt. Future movement will depend on consecutive gains and sustained demand.

TL;DR

Bitcoin fell to $66,500 after Deribit’s $15.58 billion quarterly options expiry, with BTC contracts totaling about $13.46 billion and max pain sitting at $75,000. The drop also coincided with the U.S. 10-year Treasury yield nearing 4.5%, adding macro pressure to a fragile post-expiry backdrop for risk assets. Bhutan added strain by transferring 643 BTC worth roughly $45.24 million in two days, reinforcing fears that additional supply could pressure bitcoin further. Bitcoin’s slide back to $66,500 turned Friday into another reminder that crypto does not need one trigger to crack. This drop looked more like a collision of derivatives gravity, macro stress and geopolitical nerves than a simple technical pullback. By morning, BTC had hit a multi-day low after failing near $69,000 hours earlier, leaving it down about $4,500 from Wednesday’s $72,000 peak. The move arrived just as Deribit’s quarterly expiry rolled through the market, forcing traders to navigate one of the year’s biggest positioning resets. A fresh BTC transfer from Bhutan added another layer of anxiety.

Why the selloff accelerated so fast The derivatives backdrop alone was enough to unsettle markets. About $15.58 billion in crypto options expired on Deribit at 08:00 UTC, making it the largest expiry of 2026 so far and helping wipe roughly $30 billion from total market value within a single session. The bitcoin portion accounted for 195,398 contracts worth about $13.46 billion, with max pain at $75,000 and a put-call ratio of 0.61. Ethereum added another 1,026,462 contracts worth $2.12 billion. Concentration on that scale can sharpen hedging flows, compress liquidity and amplify price swings exactly when sentiment is already unstable.

Macro pressure made the setup even more fragile. Bitcoin also slipped below $68,000 as the U.S. 10-year Treasury yield pushed toward a one-year high near 4.5%, reinforcing a wider risk-off backdrop beyond crypto. Higher yields rarely help speculative assets, especially when traders are already dealing with post-expiry repositioning. At the same time, fresh headlines from the Middle East deepened caution. Reports that Washington was considering additional troop deployments near Iran fed the sense that geopolitical risk was again becoming a direct input for bitcoin pricing rather than mere background noise in global markets.

Then came the supply signal. Bhutan’s government kept moving bitcoin, giving traders another reason to assume that overhead selling could intensify while the market was already vulnerable. On-chain data cited in the linked coverage showed another 123.7 BTC transfer worth about $8.5 million, bringing Bhutan’s two-day outflow to 643 BTC, or roughly $45.24 million. That did not need to be the dominant catalyst to matter. In a market already weighed down by options expiry, rising yields and military tension, it was enough to reinforce the sense that sellers still held the upper hand going into Friday’s session.

Mesh, a crypto payments network, is partnering with Canton Network––a public, permissionless blockchain that enables banks and institutions to move assets and payments securely, while keeping sensitive data private. Through this partnership, Mesh has joined Canton as a Super Validator, a trusted operator responsible for supporting network security and stability.

Canton is where financial institutions can connect tokenized assets, collateral, and payments with privacy and control, powering 24/7 markets, instant settlement, and real-time interoperability at global scale. Already trusted by some of the world’s largest market participants, Canton processes trillions of dollars in transactions.

Canton’s Super Validators play a vital role in maintaining overall network stability and governance, helping to advance the network. The designation reflects Canton’s trust in Mesh’s infrastructure, reliability, and long-term commitment to the network.

“Tokenization is reshaping global finance, but disconnected systems and regulatory complexity have slowed adoption,” said Bam Azizi, co-founder and CEO of Mesh. “Canton brings together privacy, interoperability, and institutional-grade controls. By joining this ecosystem, Mesh is helping build the secure, compliant infrastructure that connects TradFi and crypto into a single, cohesive market.”

“Mesh is at the forefront of building efficient, regulatory-compliant payment infrastructure for on-chain finance, and their role as a Super Validator will strengthen the network as it scales,’’ said Melvis Langyintuo, executive director and head of the Canton Foundation. ‘’With (them), we will continue to advance our mission to bridge TradFi and DeFi to create an ‘AllFi’ reality.’’

This partnership reflects accelerating institutional adoption of tokenized finance. According to the company, it processes more than $8 trillion in tokenized assets are processed on Canton per month across bonds, repos, money market funds, loans, and insurance products. As markets move towards an always-on, scalable capital markets infrastructure, privacy-enabled public networks are emerging as the foundation for scalable capital formation.

The announcement comes on the heels of Mesh’s $75 million Series C funding round and $1 billion valuation.

Bitcoin plunged below $66,300 for the first time since early March, driven by geopolitical uncertainty around U.S. policy in the Middle East and the expiration of $14.16 billion in options contracts on Deribit.

Options Expiry Bitcoin (BTC) fractured a key psychological floor Friday, plunging below the $67,000 mark for the first time since March 9. The retreat comes as market patience wears thin over the White House’s erratic maneuvers in the Middle East and traders brace for a massive quarterly derivatives settlement.

President Donald Trump’s latest ten-day reprieve on potential strikes against Iranian energy infrastructure failed to ignite the peace rally some investors had anticipated. Market data shows the top cryptocurrency plummeted to a session low of $66,201 at approximately 7 a.m. EST. While the asset staged a modest recovery to $66,700, the damage was significant: Bitcoin has now surrendered nearly all its gains from the first three weeks of March.

Beyond geopolitics, analysts point to a structural headwind: the expiration of approximately $14.16 billion in bitcoin options on the Deribit exchange. This quarterly rollover—one of the largest in recent years—represents nearly 40% of the exchange’s total open interest. According to data from Greeks.live, the “max pain” point for this expiry sits near $75,000.

In options markets, max pain is the strike price at which the greatest number of contracts expire worthless. When the spot price sits significantly below this level, “delta hedging” by institutional dealers often exerts a gravitational pull on the market, suppressing volatility and pinning price action in a narrow, often downward-sloping range until the contracts clear.

Global Market Divergence While crypto markets reacted with sharp volatility, traditional equities in Europe and Asia were largely flat. The DAX was the only major index to post losses exceeding 1%. Traders appeared to meet the latest deadline extension with a collective shrug—a stark contrast to the optimism seen Monday when markets rallied following Trump’s announcement of an initial five-day pause.

The geopolitical backdrop remains grim. After a monthlong aerial campaign failed to trigger a domestic uprising in Tehran, observers suggest the Trump administration is hunting for a face-saving exit strategy. However, hardliners within the U.S. government view any withdrawal as a strategic defeat while the Strait of Hormuz remains under Iranian control. To prevent a perceived retreat, some officials are reportedly favoring “boots on the ground”—an escalation the administration has publicly sought to avoid.

The price dip, meanwhile, triggered a wave of liquidations across the digital asset landscape. Bitcoin’s individual market capitalization retreated to $1.33 trillion, pulling the total crypto economy valuation down to a precarious $2.37 trillion.

On the derivatives front, the sudden crash wiped out nearly $115 million in long positions within just four hours. Over the full 24-hour period, the damage deepened to approximately $169 million in bitcoin longs. The broader crypto market saw nearly $400 million in long positions erased, highlighting the systemic impact of forced selling as cascades move through major exchanges.

FAQ ❓ Why did bitcoin drop below $67K? Geopolitical tensions and a looming $14.16B derivatives expiry pressured prices. What role did U.S. policy play? President Trump’s pause on strikes against Iran failed to spark investor confidence. How big was the derivatives impact? Nearly 40% of Deribit’s open interest rolled over, intensifying volatility. What was the market fallout? Bitcoin longs lost $169M in 24 hours, with $400M erased across crypto.

Bitcoin fell to its lowest level in over two weeks as traders adopted a more cautious stance after the year’s biggest options expiration, Bloomberg reported. At the moment of writing, BTC trades for the highs $66k.

Bitcoin Options Market Turns Defensive The drop followed the largest Bitcoin options expiry of 2026 so far, with roughly $14 billion in notional contracts rolling off on Friday. Around 30–40% of open interest in front‑month Bitcoin options was wiped out in a single session, leaving a “cleaner” positioning landscape. Spot volumes picked up versus the previous session (e.g. +10–20%), suggesting the move was driven by more than just options mechanics.

Positioning shows traders are bracing for a drawn‑out conflict, Griffin Ardern, co‑founder of multi‑asset manager Primal Fund, said. The risk of stagflation, and even “forced rate hikes” has sharply deepened bearish sentiment.

Post‑expiry, more people were buying protection than betting on upside. Options flows skewed toward puts, with put volumes outpacing calls: over the past 24 hours, the put/call ratio has climbed to 1.3, signaling that traders are loading up on downside protection as they head into the weekend.

Derivatives Positions Hold The Key According to Fortune, market participants view derivatives positioning going a long way toward explaining the recent still. James Harris, CEO of asset manager Tesseract, believes institutional players spent much of the first quarter selling upside calls, essentially betting that prices wouldn’t rip higher, to harvest premium in a quiet market. That flow pushed risk onto market makers, who in turn have been buying dips and fading rallies to keep their books roughly hedged.

Traders say this setup has effectively smoothed out volatility, with Bitcoin’s price repeatedly drifting back toward the so‑called “max pain” zone around $75,000, where the most options expire worthless. In practice, those hedging flows have worked like a magnet, pulling BTC higher on dips but also putting a lid on how far rallies can run.

What Traders Should Look For Next The shift in positioning comes after a powerful Q1 run, with Bitcoin still up double‑digit % year‑to‑date even after the latest pullback.

If defensive positioning in options persists (elevated put/call, negative skew, higher near‑term IV), it may signal traders are bracing for another leg lower rather than a quick “buy‑the‑dip” rebound.

For active traders, the setup favors disciplined risk management: tighter stops on leveraged longs, selective hedging via short‑dated puts, and watching whether defensiveness eases or intensifies into the next major macro/data catalyst.

At the moment of writing, BTC’s price has crashed under $67k. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview

Strengthening supply dynamics, yes, but weak demand keeps price range-bound.

Cryptocurrency markets are showing signs of stabilization after months of elevated volatility, with Bitcoin (BTC) and Ethereum (ETH) together accounting for 80% of total crypto market capitalization in 2026.While these […]

Market Sentiment:

Bullish Bearish Neutral

Published: March 27, 2026 │ 1:00 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Cryptocurrency markets are showing signs of stabilization after months of elevated volatility, with Bitcoin (BTC) and Ethereum (ETH) together accounting for 80% of total crypto market capitalization in 2026.

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While these two assets dominate, broader market dynamics suggest that mid and small-cap cryptocurrencies could play a key role in the next market cycle.

BTC and ETH Form Market DuopolyBitcoin alone accounts for roughly 67% of the total crypto market value, while Ethereum holds near 13%. Together, they form an 80% duopoly that increasingly dictates market direction.

Source: UnfoldedThis concentration follows a dramatic expansion cycle. The total crypto market grew from roughly $200 billion in 2019 to nearly $4 trillion at its 2025 peak before entering a correction phase. Throughout this cycle, Bitcoin’s dominance has strengthened during periods of volatility, reinforcing its role as the market’s primary liquidity anchor and risk benchmark.

Institutional capital has accelerated this trend. Larger players favor depth, liquidity, and resilience, thus the attributes concentrated in Bitcoin and, to a lesser extent, Ethereum.

Kaiko Indices Show Stabilizing MomentumRecent data from Kaiko Market Indices illustrate the current market dynamics across large (BTC, ETH, XRP), mid (SOL, BNB, DOGE, ADA), and small-cap cryptocurrencies. Over the past month, all segments posted 5–10% gains, signaling a recovery from previous sell-offs.

Volatility, while still elevated, appears to be leveling off, suggesting the market may be entering a more balanced phase. The indices also underscore the value of diversification: during mid-2025 rallies, exposure across mid and small caps captured gains beyond Bitcoin.

Even though large-cap coins remain highly correlated with BTC, smaller assets show more nuanced trends, highlighting where the next wave of alpha could emerge.

Risk Metrics Point to RecoveryRisk-adjusted measures further emphasize the shift in market conditions. According to Kaiko, Sharpe and Sortino ratios, which measure returns relative to risk, fell sharply in early 2026 amid high volatility. Sharpe accounts for total volatility, while Sortino focuses on downside risk.

Both metrics have recently returned to positive territory, indicating that market conditions are improving and returns are once again compensating for the risk taken. The Sortino rebound, in particular, points to easing bearish pressures and stabilizing downside risk.

Source: KaikoMid and Small Caps Could Drive the Next CycleWhile BTC and ETH currently dominate, the remaining 20% of the market, or roughly $400 billion, could be the base for the next wave of innovation. 

Historically, smaller altcoins have surged following periods of BTC consolidation, producing rapid, compressed cycles of performance. 

Once BTC stabilizes, mid and small cap assets may drive the next phase of market growth, echoing patterns seen in previous altcoin rallies.

Why This MattersLarge-cap dominance continues to define the crypto environment, yet mid and small-cap tokens offer diversification and potential for next-cycle gains. With improving risk-adjusted metrics, the market appears to be stabilizing, making returns increasingly aligned with the risk being taken.

What is Bitcoin dominance in crypto markets?

Bitcoin dominance measures BTC’s share of total cryptocurrency market capitalization. A high dominance indicates that BTC largely drives market movements, impacting volatility, liquidity, and investment trends for other digital assets.

How volatile are mid and small cap cryptocurrencies?

Mid and small cap tokens are generally more volatile than large-cap assets. They carry higher risk but also higher potential rewards, particularly during periods of market recovery.

When do smaller altcoins usually outperform BTC?

Smaller altcoins tend to surge after BTC consolidates, often creating short, compressed cycles of rapid growth that follow periods of Bitcoin-led market stabilization.

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XRP’s Silent Accumulation: $315M Buying Surge Builds Beneath a Weak Price SurfaceXRP may look indecisive on the surface, but the underlying data is beginning to lean bullish.

According to on-chain analytics from XRP Update, Binance recorded a $315 million surge in XRP’s combined spot and perpetual CVD within just 48 hours, while open interest remained stable. 

Well, this is a key signal because it suggests that real buying demand is stepping in without the fuel of excessive leverage, pointing to early-stage accumulation rather than speculative hype.

CVD measures the balance between aggressive buyers and sellers, and a sharp rise usually points to strong, conviction-driven demand. 

What stands out here is that open interest hasn’t spiked alongside it. In past rallies, rising demand often came hand-in-hand with heavy leverage, traders stacking borrowed positions and amplifying liquidation risk.

This time round it's different because buying pressure is building without the excess leverage that typically makes rallies fragile.

Instead, the data signals a more controlled return of demand. After a cooling phase cleared out overheated positions, buyers are stepping back in with restraint rather than leverage-fueled aggression. This isn’t the kind of surge driven by hype or FOMO, it’s steadier, more deliberate.

In other words, the market is showing signs of early accumulation, not reckless speculation, and that difference matters.

XRP Finds Itself at a CrossroadsAccumulation phases are typically quiet, less explosive in the short term, but they build the foundation for more durable moves. 

With little to no aggressive leverage in the system, the risk of sharp, liquidation-driven pullbacks is reduced, allowing price to stabilize and structure to form.

For now, though, XRP’s price isn’t reflecting that underlying strength.

Presently, XRP is consolidating around $1.35, showing surface weakness despite strengthening underlying metrics, a true market paradox. While price stalls, rising long positions and stable open interest reveal growing bullish conviction among traders.

Source: CoinCodexThe $1.35 level has become a critical battleground. A clear break above it could validate accumulation and spark wider momentum, while failure to hold may extend consolidation or trigger short-term selling.

XRP now sits at a pivotal inflection point. The tension between price and positioning suggests momentum is building, but whether it erupts into a breakout or drifts sideways depends on how the market resolves this delicate balance.

ConclusionXRP isn’t chasing fast gains, it’s quietly building strength beneath the surface. Spot-driven buying is returning, leverage remains muted, and the market appears to be consolidating on firmer ground. 

While $1.35 stands as a near-term test, this measured accumulation hints at a potential breakout fueled by conviction rather than speculation.

Bitcoin Cash (BCH), up 0.8% from Thursday, was the only gainer.