Bitcoin’s price is still in range rather than in a full risk‑off spill after a 
post‑expiry sell‑off, a string of red monthly closes, and geopolitical 
tensions. Bitcoin Remains Rangebound March 30th QCP Market Colour reports that 
Bitcoin briefly slipped to around $65k during thin Asian trading 
(low‑liquidity window where smaller orders can push price around 
disproportionately). It then snapped back into its usual weekend band between 
$66k and $67k. Throughout the month, this has been a recurring pattern: price 
softens into the weekend as traders cut risk, then grinds higher again as the 
new week begins. Bitcoin will likely stay stuck in its current range as 
Trump’s 10‑day halt on strikes against Iranian energy assets runs toward its 
April 6 expiry, a point at which traders are bracing for a possible flare‑up. 
Related Reading: Google Says End For Bitcoin Is Near? Quantum Computers Could 
Attack Crypto This Soon In options, post‑expiry volatility compression is 
“muted”; traders are still paying for gamma, overwriters are sidelined, and 
the vol surface signals caution but not panic. Positioning is defensive rather 
than euphoric, which fits a market that is stable but not ready to break 
higher. Everything points at Bitcoin being headed for a sixth straight 
negative monthly close and its first three‑month losing stretch to kick off 
the year, highlighting how fragile sentiment remains. Geopolitical Tensions 
Heighten According to QCP, “Washington is signalling escalation risk”. The 
U.S. insists talks are moving forward, but the continued troop buildup 
indicates it is still preparing for potential ground operations. Meanwhile, 
Iran’s partners in Yemen keep warning they could disrupt key supply routes if 
the conflict worsens. Any blockade in the Bab al‑Mandeb strait could 
dramatically worsen the existing inflation shock, a scenario the 
administration can hardly stomach with approval ratings sagging and midterms 
on the horizon. Macro and geopolitics are tightly intertwined. Elevated oil, 
war risk premium and supply‑chain vulnerabilities keep the famous stagflation 
narrative alive, which continues to muddy Bitcoin&#8217;s role between high‑beta 
risk asset and emerging macro hedge. As long as Trump’s strike pause holds and 
there is no major policy surprise, BTC likely stays range‑bound and 
headline‑driven into early April. “The Majority Of Market Participants Are 
Operating At A Loss” On-chain, all this tension translates to Long‑Term Holder 
SOPR (profitability) recently slipping below 1.0, new data from Crypto Dan for 
Crypto Quant shows. Veteran holders are now selling at a loss: classic 
“surrender” or early capitulation behavior. Since long‑term holders are 
usually the least reactive to short‑term price swings, a period where they 
start locking in losses often signals that the entire market has entered a 
capitulation phase. Bitcoin: Long Term Holder SOPR. Source: Crypto Quant. 
According to Crypto Dan, these kinds of conditions have often preceded phases 
where selling pressure slowly runs out, paving the way for market bottoms or 
areas that sit near long‑term lows. The analyst believes that it may be too 
early to call this the definitive bottom, but a stage where losses are broadly 
shared typically marks the last leg of fear and the first real window of 
opportunity for patient buyers. Related Reading: Over Half Of US Crypto Users 
Don’t Understand This Scary Tax Rule Put together, range‑bound price, cautious 
options, and long‑term holder stress suggest we’re in a late correction phase, 
where the market is still under pressure but closer to washing out and 
stabilizing, not yet in the clear new bull leg where price starts trending 
higher with conviction. At the moment of writing, BTC trades for $66k. Source: 
BTCUSDT on Tradingview Cover image from Perplexity, BTCUSDT chart from 
Tradingview

Bitcoin Range Traps Traders At $65K — Are Long‑Term Holders Finally Surrendering?

Bitcoin traded at $66,597 on Tuesday, March 31, 2026, at 8:30 a.m Eastern 
time, with a market capitalization of $1.33 trillion and a 24-hour volume of 
$48.8 billion, reflecting active but indecisive participation. Price remained 
confined within a $66,037 to $68,130 intraday range, signaling consolidation 
just below key resistance levels as broader technical conditions continue […]

Bitcoin Struggles Under Moving Averages Despite Range-Bound Trade

Mitsubishi Corporation becomes the first Japanese firm to utilize JPMorgan 
Chase’s blockchain technology for instantaneous international fund transfers. 
Mitsubishi Corporation plans to launch full-scale global fund transfers using 
JPMorgan Chase’s Blockchain Deposit Account (BDA) technology by fiscal 2026, 
Japan’s Nikkei reported. The Tokyo-based trading house recently completed 
successful test transfers, joining multinational peers like Siemens […]

Mitsubishi to Adopt JPMorgan Blockchain Service for Global Fund Transfers

Tokenizing financial benchmarks on blockchain enhances transparency, 
efficiency, and accessibility, reshaping institutional finance infrastructure.
The post S&amp;P Dow Jones Indices and Kaiko bring iBoxx US Treasuries index 
onchain for first time appeared first on Crypto Briefing.

S&P Dow Jones Indices and Kaiko bring iBoxx US Treasuries index onchain for first time

Atomic settlement demands instant capital per trade. T+0 eliminates netting 
efficiency while empowering liquidity coordinators.

Cryptocurrency price in THB