Based on data from primary platforms, ZBT traded between $0.067186 and $0.079501. Overall liquidity remained healthy. With the average top-of-book spread maintained at an extremely low level of 0.45 percent. Spreads stayed tight, with the average top-of-book spread at just 0.45%.

The crypto market delivered strong gains last week even as the macroeconomic backdrop grew more challenging: total market capitalization advanced from roughly $2.36 trillion to over $2.5 trillion, while Bitcoin climbed from the mid-$66,000 zone to above $74,000.

This performance highlighted an emerging decoupling from equities, with BTC increasingly acting as a geopolitical safe-haven asset.

Economic releases were mixed yet mostly reflected pre-Iran-shock conditions: February CPI stayed at 2.4% YoY (core eased to 2.5%), January PCE improved to 2.8%, and consumer sentiment dropped to 55.5 as higher gasoline costs reinforced stagflation worries.

On the positive side, crypto-specific tailwinds remained solid — including closer SEC/CFTC collaboration on digital assets, meaningful progress on stablecoin yield legislation, and BlackRock rolling out its first staked ETH ETF.

ETF flows hit their strongest level in months: Bitcoin spot ETFs logged their first fully green week since late September with +$763 million net inflows, Ether ETFs added +$161 million, and every sector closed higher.

For this week（3.23）, Crypto surrendered the previous week’s advances as a hawkish FOMC and heightened geopolitical risks overshadowed landmark regulatory wins: the total market cap topped $2.51 trillion on Tuesday, with BTC briefly hitting $75,800 before retreating to ~$68,700 by Sunday — an roughly 8% drop from its weekly peak.

The SEC and CFTC released a groundbreaking joint statement classifying 16 major crypto assets (including BTC, ETH, SOL, and XRP) as digital commodities, while senators reached a tentative deal on stablecoin yield — a major step forward for the CLARITY Act.

The FOMC kept rates unchanged at 3.50-3.75% but adopted a notably hawkish stance: 14 of 19 members now expect just one cut or fewer in 2026, and the Fed lifted its PCE inflation projection to 2.7%. The BOE, ECB, and BOJ also held policy steady on Thursday, all citing uncertainty around the Iran conflict.

ETF flows flipped negative toward week-end: Bitcoin spot ETFs ended with a modest +$93 million net (early gains wiped out by three consecutive days of outflows post-FOMC), while Ether ETFs recorded roughly -$60 million, including the biggest single-day Ether redemption in over a month.