The US-Iran two-week ceasefire agreement has driven BTC back above the $72K level, while today's news highlights a sharp decline in Iran's hashrate and the FDIC's proposal to regulate stablecoin issuers. Today’s crypto market staged a powerful rebound after an extended period of weak trading, as a major easing in geopolitical tensions triggered a sharp recovery in risk sentiment. According to the latest market data, Bitcoin (BTC) surged within a single hour after news confirmed a two-week ceasefire agreement between the United States and Iran, reclaiming and holding above the $71,000 level. That move fully reversed the recent bearish tone and also helped lift Nasdaq futures, which extended gains to 3%. Ether (ETH) stood out even more during the rebound, rising more than 6% on the day and climbing back above $2,200. The sharp move triggered large-scale short liquidations across the market. Coinglass data showed that total liquidations over the past 24 hours exceeded USD 600 million, with short liquidations accounting for nearly 72%, highlighting the intensity of the short squeeze. Although spot Bitcoin and Ether ETFs recorded net outflows of USD 159 million and USD 64.6704 million respectively yesterday, the subsequent easing of geopolitical risk clearly brought much-needed risk appetite back into the market. The current market structure suggests that trading behavior has shifted away from panic selling and toward a technically driven rebound supported by sentiment repair, as the AI sector led with gains of more than 6% and DeFi and Layer 2 tokens also recovered broadly. The market is now approaching a critical turning point in trend structure.

Crypto Markets Overview

The crypto market showed a strong and rapid recovery today, mainly driven by a macro sentiment shift after tensions in the Middle East began to cool. The Crypto Fear & Greed Index currently stands at 17. While that still places sentiment in Extreme Fear, it marks a clear rebound from yesterday’s reading of 11 and suggests that the most severe pessimism is starting to loosen as prices recover quickly. Bitcoin showed clear resilience after the ceasefire was confirmed. It rebounded sharply from local lows and reached as high as $72,339, reclaiming a key psychological support zone. At the same time, Ether also broke out of its earlier weakness and held above $2,200, with buying interest returning near major support levels. Institutional flow data still looks cautious on the surface. Fidelity’s FBTC recorded a single-day net outflow of USD 47.8457 million yesterday, and while spot Ether ETFs have accumulated total historical net inflows of USD 11.536 billion, they are still facing short-term redemption pressure. Even so, spot price action has started to move ahead of the fund flow data. Traders are now closely watching whether Bitcoin can hold above $72,000. If price remains stable at that level, it would help absorb further long liquidation risk. Overall market sentiment has improved, but under the broader backdrop of Extreme Fear, the battle between bulls and bears remains highly sensitive.

Source: Alternative

Key News Highlights:

US-Iran Reach Two-Week Ceasefire, Bitcoin Returns Above $72,000 for the First Time in 20 Days

Bitcoin climbed back above the $72,000 level today as easing geopolitical tensions gave the market a strong positive catalyst. This marks the first time the asset has traded above that level since March 18. According to the latest reports, Iran’s Supreme National Security Council has formally accepted a two-week ceasefire agreement with the United States, temporarily halting further escalation in military conflict. The United States also said it would suspend military strikes on targets inside Iran over the next two weeks. After the news broke, Bitcoin rose 2.6% within an hour and touched $72,339. Historical trading behavior shows that crypto investors usually treat geopolitical conflict as a headwind for risk assets, while any sign of de-escalation often triggers a strong relief rally. This rebound has clearly helped stabilize fragile market sentiment. Market observers noted that if the ceasefire holds, it could ease the outflow pressure that had been driven by war concerns and improve Bitcoin’s short-term trading structure and sentiment backdrop.

FDIC Proposes New Draft Rule to Regulate Stablecoin Issuers

The US Federal Deposit Insurance Corporation recently approved a new proposed rule for stablecoin issuers under its supervision, in line with the requirements of the GENIUS Act. The proposal is designed to establish a full regulatory framework for issuing institutions, including reserve requirements, redemption arrangements, capital standards, risk management, and asset custody rules. While the proposal marks a new phase in stablecoin regulation, the FDIC made clear that deposit insurance protection would apply to reserve deposits backing stablecoins, but would not extend directly to individual stablecoin holders. The agency stated that treating token holders as insured depositors would not align with the current structure of the law, because payment stablecoins themselves do not fall under direct federal deposit insurance coverage. Even so, regulators emphasized that higher supervisory and compliance standards would create a safer environment for transactions and improve the overall sense of asset security for holders. The new rule is expected to take effect in 2027, and a 60-day public comment period has already begun. This reflects how US regulators are accelerating the construction of a compliance framework as digital assets become more deeply integrated with the traditional financial system.

Geopolitical Conflict Hits Iran’s Bitcoin Hashrate, Down 77% in a Single Quarter

A new report from Hashrate Index shows that Iran’s Bitcoin hashrate fell sharply over the past quarter, dropping 77% as ongoing conflict involving the United States and Israel disrupted operations in the region. The data indicates that Iran lost around 7 EH/s of hashrate during the quarter, leaving the country with only about 2 EH/s in active mining power. Although regional conflict dealt a direct blow to miners inside Iran, the broader global hashrate picture remained relatively stable, underscoring the strong decentralized resilience of the Bitcoin network. Analysts noted that global hashrate recently declined from 1,066 EH/s to 1,004 EH/s, but the main driver was not the war itself. Instead, it was the decline in Bitcoin’s price, which compressed mining profitability. With Bitcoin trading more than 45% below its all-time high, many older mining machines have fallen into negative gross margin territory under current electricity costs and have been forced offline. This pattern reflects a clear profitability-driven geographic shift, with miners adjusting their footprint according to market cycles and moving capacity toward regions with lower operating costs and more stable conditions in order to preserve long-term sustainability.

Trending Tokens:

• $OPN (Opinion)

The social prediction market is seeing a clear revival, and OpinionLabs is using volatility around major industry events to drive user participation. The project recently secured $25 million in funding from prominent investors including Amber Group and Jump Crypto to build its infrastructure for dynamic opinion markets and continuous prediction products. The market is now focused on Opinion’s launch of a dedicated trading market tied to the fully diluted valuation of a future Polymarket token issuance. By allowing users to trade on the real outcomes connected to one of the largest prediction platforms in the sector, Opinion has effectively positioned its AlphaOrBeta product as a key venue for sentiment discovery. The platform runs on BNB Chain, which helps users access these new social trading mechanisms at low cost while turning human views into quantifiable and tokenized market signals. As investors look for opportunities at the intersection of social networks and decentralized prediction, the project’s growth index has surged by more than 700%.

• $BTW (Bitway)

Bitway is quickly emerging as an important financial infrastructure protocol that connects onchain liquidity with global investment opportunities. The protocol recently announced a major operational update, including a zero-fee fast unstaking feature that will be available on the first day of every month to improve capital efficiency for users. The team also disclosed specific details about BW Points redemption, noting that the $BTW token distribution is scheduled for April 8 and will offer participants an additional 5% annualized yield incentive. To sustain its growth momentum, Bitway has launched a new staking program for its Bitway Core Alpha strategy. The program includes a 15 million USDT vault cap and offers an attractive base yield of 11% to 13%. Backed by notable supporters such as Tron and HTX Ventures, the project has successfully evolved from its former identity as Side Protocol into a broader internet capital gateway.

• $XRPHAI (XRP Healthcare)

The convergence of artificial intelligence and healthcare services has reached a new milestone with the official launch of the XRPHAI utility token by XRP Healthcare. This new asset is designed to power a global AI healthcare ecosystem, where users can receive incentives and rewards for healthy behaviors and for interacting with healthcare technology. Market interest has accelerated after the official announcement that XRPHAI will be listed on major exchanges on April 8, followed by the launch of its ecosystem rewards program on April 9. The project operates within a mature M&A strategy focused on acquiring pharmacies and clinics so that HIPAA-grade AI tools can be integrated into real-world healthcare operations. By separating regulated healthcare services from its blockchain initiatives, the organization maintains a high standard of governance while expanding technological access across underserved markets. The launch of XRPHAI reflects a shift toward practical utility, where real-world healthcare usage is directly converted into ecosystem rewards for patients and providers.

Disclaimer: The information provided in this section is for informational purposes only and doesn't represent any investment advice or FameEX's official view.