More than 80 crypto projects formally shuttered or began winding down in the 
first quarter of this year. RootData’s “dead-project” archive, which tracks 
closures, bankruptcies, and chronic project inactivity, logged 86 casualties 
as of March 20. The pullback has spared almost no corner of the ecosystem, 
sweeping across digital wallets, NFT marketplaces, decentralized finance 
(DeFi) […]
The post Crypto apps are shutting down as billions move into Bitcoin ETFs and 
stablecoins appeared first on CryptoSlate.

Crypto apps are shutting down as billions move into Bitcoin ETFs and stablecoins

Bitcoin is sitting just below $70,000, but the sharper signal may be in the 
derivatives market: roughly $6 billion in short positions would be forced out 
if the price climbs to $72,500, according to data from Santiment. Related 
Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged 
Decline That comes as Bitcoin keeps testing the same ceiling again and again, 
with the market showing signs of strain rather than conviction. Sentiment 
Turns Sharply Sour Social chatter around Bitcoin has weakened fast. Data from 
Santiment shows the bullish-to-bearish ratio has slipped to 0.81 to 1.00, its 
lowest reading since February 28. 🗣️ According to social data across X, 
Reddit, Telegram, and other platforms, Bitcoin is seeing the highest ratio of 
bearish discussions (fear) since February 28th. With crypto&#8217;s #1 market cap 
sitting at $66.8K, FUD has crept back in with the community showing a key lack 
of… pic.twitter.com/Ym7SbUC22I — Santiment (@santimentfeed) April 4, 2026 The 
drop reflects a market that has grown tired of sideways trading and more 
nervous about what comes next. Bitcoin has spent much of 2026 moving without 
much follow-through, and that has worn down confidence across X, Reddit and 
Telegram. That shift matters because sentiment often bends before price does. 
The report points out that Bitcoin has repeatedly moved opposite the crowd 
when fear gets loud enough. Even with the mood turning darker, the coin has 
not broken down sharply. It has simply kept circling the same level. Bitcoin’s 
latest struggle is not a small one. It is making a seventh attempt since early 
February to break above $70,000. The price was around $69,550 at the time of 
publication, after briefly falling to $60,000 on February 5. The report also 
says Bitcoin remains about 45% below its record high of $126,080, set on 
October 6, 2025. Traders Watch The Liquidation Map The futures market adds 
another layer. Coinglass data cited in the report shows that short positions 
are heavily packed near $72,500, while about $2 billion in long positions sit 
closer to $65,000. That gap leaves the market leaning one way. If price pushes 
higher, some traders could be squeezed out fast, which may add fuel to the 
move. The report also ties part of the weakness to outside pressures. 
Geopolitical tension, including the US-Iran conflict, and uncertainty around 
the Clarity Act are both being framed as drag on sentiment. Those issues do 
not move Bitcoin on their own, but they can keep buyers cautious when the 
market is already stuck. Related Reading: Strategy Signals Fresh Bitcoin Buy 
As Saylor Tweets ‘Back To Work’ On-Chain Data Says The Market Has Not Fully 
Reset Longer-term signals are less comforting. CryptoQuant data cited in the 
report shows Bitcoin still trading above its realized price of $54,279. That 
figure is often treated as a rough dividing line between normal market 
conditions and deeper stress. The coin has usually had to fall below that 
level before a stronger accumulation phase takes hold. Featured image from 
Unsplash, chart from TradingView

Bitcoin Mood Sours To Levels Not Seen Since Late February

The crypto market fell 2% to $2.42 trillion after U.S. President Donald Trump 
said Iran’s proposal to end the war was not enough and warned that Tehran must 
reopen the Strait of Hormuz by the deadline or face strikes on…

Crypto market outlook as Trump says Iran’s proposal is “not enough” to avert strikes

Iran&#8217;s leadership crisis could lead to increased instability, potential power 
struggles, and shifts in the political landscape.
The post Iran leadership crisis as Khamenei reportedly unconscious, regime 
fall odds spike appeared first on Crypto Briefing.

Iran leadership crisis as Khamenei reportedly unconscious, regime fall odds spike

Widening negotiation gaps could prolong regional instability, affecting global 
markets and diplomatic relations beyond the immediate deadline.
The post US-Iran ceasefire odds plummet as negotiation gaps widen ahead of 
deadline appeared first on Crypto Briefing.

Cryptocurrency price in ILS