Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East cloud an otherwise improving macro backdrop, according to crypto asset manager Grayscale. "The war in Iran overshadowed virtually all other market developments in March," the Grayscale research team said in a

Bitcoin (BTC) dipped in the short term to $67,600. The U.S. Department of the Treasury launched a small consultation on regulatory guidance for stablecoins under the “GENIUS Act,” and the CFTC Chair said he is ready to regulate the entire crypto market. Amid market developments, spot Bitcoin inflows are slightly higher than outflows, and the CFTC and the SEC have signed an agreement to coordinate digital asset regulation.

The U.S. Securities and Exchange Commission approved rule changes for the NYSE American board on April 1, easing the restriction that previously allowed only a single crypto asset trust and opening up options trading for commodity trust ETFs with multiple crypto assets. This change will encourage financial institutions to increase their willingness to invest in hybrid crypto assets and improve market liquidity. Enhanced liquidity and regulatory measures will help prevent market risks.