🔍Morning overview of the crypto market | March 23, 2026🔍

Bitcoin could not hold 70,000 and fell below. As of this morning:

$BTC : 68,000$
$ETH : 2,050$
$SOL : 86$

• Bitcoin dropped more than 3% over the weekend and is trading around 68,000 68,500. Last week, BTC lost about 10% after trying to consolidate above 75,000.
• Ethereum is also under pressure. The drop over the day is more than 4%, testing 2,050 this morning. Analysts call the zone 1,980 2,100 a zone for accumulation, but so far the buyer is in no hurry.
• Solana has dropped below 90 and is testing support at 85 86. A bearish trend has formed on the hourly chart, with key resistance at 88; if we don't break through, the next floor is 82 80.

📌Key factors: why the market is declining

1. Geopolitics is pressuring risk. The conflict between the US and Iran continues to keep oil around 100-110 per barrel. Investors are pricing in stagflation risks.

2. Outflows from ETFs have reversed. After three weeks of inflows, on March 17, spot Bitcoin ETFs recorded an outflow of 163 million, and on March 19, another 90 million. Institutions have taken a pause.

😎Events to watch

• The SEC introduced a new classification of crypto assets last week. Payment stablecoins, digital collectibles (NFTs, meme coins), and digital goods like Bitcoin will not be considered securities. This is a big positive, but the market is currently responding weakly.

• Nasdaq received SEC approval for the listing of tokenized versions of stocks. The pilot project will include companies from the Russell 1000 index and ETFs on S&P 500 and Nasdaq 100.

• Morgan Stanley is preparing to launch a Bitcoin ETF under the ticker MSBT. The initial size is around 1 million, with Coinbase acting as the custodian.

• Strategy continues to hold 738 731 BTC. The company was accumulating in March, but no new purchases were announced last week.
⏰Output

The market is once again in turbulence. Geopolitics outweigh regulatory positivity, and ETFs are showing outflows instead of inflows. The main thing to watch this week is the dynamics of outflows from ETFs and Bitcoin's reaction to the level of 68,000. If we hold, a rebound to 70,000 is possible, but it's not certain 😂