BTC Today
+$277 (+0.39%)Cautious optimism as Iran ceasefire talks ease geopolitical pressure, with a massive $14B options expiry Friday acting as price magnet toward $75K
  • Bitcoin steadied above $71K as oil fell below $100 on US 15-point Iran peace plan
  • $14B options expiry Friday points to $75K as price magnet
  • Bernstein calls bitcoin bottom, sees $150K target for 2026
  • Morgan Stanley pushing Bitcoin, says Wall Street is not chasing FOMO

Market Snapshot

Market Cap

$1.42T

24h Volume

$40.60B

Dominance

56.5%

Institutional Flows

ETF Net Flow (Daily)

+$185M

Total AUM: $98.0B

Net inflows have resumed after a brief pause last week. BlackRock IBIT continues to lead daily flows. Total spot ETF AUM approaching $100B milestone.

  • Bernstein initiates $150K BTC price target, sees 226% upside for Strategy shares
  • Morgan Stanley expanding Bitcoin product offerings to wealth management clients
  • DV8 becomes first Bitcoin treasury company in Southeast Asia

Aggregated from public reports

Macro Context

How Bitcoin fits into the macro picture

Oil dropping below $100 on US-Iran peace plan talks is easing inflation fears that had pressured risk assets. The Fed remains in wait-and-see mode at 5.25-5.50%. M2 money supply continues expanding globally as ECB and BOJ maintain accommodative stances, providing a favorable liquidity backdrop for Bitcoin.

Bitcoin is showing resilience relative to equities, gaining 0.39% while the S&P 500 fell 0.32%. The decoupling trend continues as BTC outperforms the S&P by nearly 20 percentage points YTD.

BTC vs Everything

Asset24hYTDBTC Edge
SPX-0.32%-4.80%+19.80%
XAU+0.85%+15.30%-0.30%
DXY-0.15%-3.80%+18.80%

Top Stories

Expert Insights

What credible voices are saying

Bernstein Analysts
Bernstein AnalystsWall Street research team

Bitcoin appears to have bottomed near $60,000. We see a path to $150,000 by year end, driven by ETF inflows, corporate treasury adoption, and post-halving supply dynamics. Strategy shares offer 226% upside from current levels.

Bernstein research note via The Block | 2026-03-25

Morgan Stanley
Morgan StanleyGlobal investment bank

We are expanding Bitcoin and crypto offerings to our wealth management clients. This is not about chasing FOMO. It is about building proper allocation frameworks for an asset class that institutional investors increasingly view as permanent.

Bitcoin Magazine report | 2026-03-25

Lyn Alden
Lyn AldenMacro analyst, Lyn Alden Investment Strategy

Global liquidity expansion remains the dominant driver. Bitcoin tends to perform well when M2 is expanding, and we are seeing synchronized expansion across all major central banks. The post-halving supply reduction amplifies this effect.

The Investors Podcast | 2026-03-22

Adoption Tracker

Institutional
Banks Took $434 Billion From Americans Last Year

US banks extracted $434B in fees from Americans in 2025, strengthening the case for Bitcoin as an alternative financial system with transparent, predictable costs and no middlemen.

Bitcoin Magazine

Country
Bhutan Moves $37 Million Worth of Bitcoin

Bhutan moved $37M in BTC as on-chain data shows accelerated selling from the nation's mining-derived reserves. The country has been mining Bitcoin using hydroelectric power since 2019.

The Block

Regulatory & Legal

USpositive
Senator Cynthia Lummis Confirmed as Bitcoin 2026 Speaker

Pro-Bitcoin Senator Cynthia Lummis will speak at Bitcoin 2026, signaling continued legislative support for Bitcoin-friendly policy. Lummis has been a leading voice for the proposed Strategic Bitcoin Reserve and clearer regulatory frameworks.

Bitcoin Magazine

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Technical Signals

Momentum (RSI)

Neutral zone

48.2

Measures buying/selling pressure. Below 30 may signal a buying opportunity; above 70 may mean a pullback is due.

50-Day Average

$74,800

Short-term trend

200-Day Average

$68,500

Long-term trend

30-Day Low

$67,500

Support level

30-Day High

$75,000

Resistance level

Price sits above the 200-day moving average at $68,500, a positive sign for the longer-term trend. RSI near 48 suggests neutral momentum with room for upside. The $75K options expiry level is the key resistance to watch this week.

Network Fundamentals

Security and infrastructure metrics from Mempool.space

Hashrate

892 EH/s

Block Height

942,015

Difficulty

113.8T

Mempool

27,783 tx

17.5 MB

Next Halving

107,985 blocks remaining

26.9%

Supply Dynamics

On-chain scarcity signals

Long-Term Holders (>1 year)

69.8%

Exchange reserves remain near multi-year lows. Bhutan sold $37M in BTC from its mining reserves, but overall net flows off exchanges continue.

Nearly 70% of Bitcoin supply has not moved in over a year. Post-halving issuance of 3.125 BTC per block means only about 450 BTC are mined daily, while institutional demand through ETFs alone often exceeds this amount.

Upcoming Events

1days

FOMC Minutes Release

Minutes from the March FOMC meeting, critical for reading Fed stance on rate trajectory.

2026-03-26

3days

PCE Inflation Data

The Fed's preferred inflation gauge. A below-consensus read could spark a risk-on rally.

2026-03-28

3days

$14B Options Expiry

Massive Bitcoin options expiry with $75K as the max pain level and price magnet.

2026-03-28

8days

Q1 GDP Estimate

First estimate of Q1 2026 GDP growth. Weak print could accelerate rate cut expectations.

2026-04-02

42days

Next FOMC Decision

Federal Reserve interest rate decision. Markets pricing in potential rate cut.

2026-05-06

Forward Outlook

Next 24–72 hours

Two catalysts dominate the next 72 hours: Wednesday's FOMC minutes and Friday's combined PCE inflation print plus $14B options expiry. The options structure points to $75,000 as the max pain level, meaning market maker hedging could pull BTC in that direction.

The geopolitical backdrop is improving. Oil dropping below $100 on US-Iran peace plan talks eases inflation pressure that had been weighing on risk assets. Bernstein calling the bottom and issuing a $150K target, combined with Morgan Stanley expanding its Bitcoin offerings, signals that institutional conviction is building rather than fading.

Key risk: a hot PCE print Friday could override the positive options and geopolitical setup. Watch the $67,500 support level on the downside and $75,000 resistance on the upside.