Crypto market recap: Bitcoin holds near $67,700 on Iran de-escalation hopes

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Crypto market recap

Highlights

BTC is holding near $67,615, while ETH is around $2,061; over 24 hours, they rose 0.13% and 0.45%, respectively.
The Fear and Greed Index climbed from 8 to 11, but remains in extreme fear territory.
Corporate BTC purchases dropped 99.93% to $70,000 for the week, pointing to fading institutional momentum.

Geopolitics helped support Bitcoin stability

Bitcoin was trading at about $67,615 and was up 0.13% over the past 24 hours, while Ethereum gained 0.45% to $2,061. The total cryptocurrency market capitalization stood at $2.32 trillion, down 0.25% from the previous day. Against that backdrop, Fear and Greed Index was at 11, which remains in the extreme fear zone. Compared with the previous day, the reading rose from 8 to 11, but investor sentiment remains highly cautious.

The immediate catalyst for BTC stabilization was Trump statements, as he privately told his advisers he was prepared to seek an end to the war with Iran within four to six weeks, even if the Strait of Hormuz remained largely closed. White House press secretary Karoline Leavitt, the report said, confirmed that reopening the strait was not one of the main goals of the operation. Oil prices fell on the news, while Bitcoin held above the $67,700 mark.

BTC price dynamics (March 2026). Source: TradingView

Corporate demand weakens

At the same time, a second important signal came from corporate Bitcoin buyers. According to SoSoValue data, net BTC purchases by public companies fell 99.93% over the past week to just $70,000. Over that period, companies excluding miners added a net 1 BTC, and the only disclosed buyer was the British company BHODL, which purchased one Bitcoin for $72,832. Strategy and Japan Metaplanet did not announce any new purchases.

Corporate entities still remain major holders of the asset: together, they own 1,023,333 BTC, equal to about 5.1% of Bitcoin circulating supply. But the sharp drop in weekly buying suggests that companies have moved into a wait-and-see mode, leaving the market more dependent on macro signals, fund flows and short-term headlines.

A market caught between relief and fragility

Taken together, these factors paint a mixed picture. On one hand, Bitcoin remains stable near $67,700 and Ethereum is posting modest gains. On the other, the Fear and Greed Index remains at 11, underscoring persistent stress, while corporate demand has nearly disappeared, with just $70,000 in weekly purchases compared with much stronger accumulation earlier.

In other words, the crypto market is currently responding to hopes of de-escalation, but fundamentally remains vulnerable to another round of geopolitical and macroeconomic pressure.

We have previously highlighted that Bitcoin rebounds after dipping below $65,000.

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