Bitcoin (BTC) has logged its longest stretch of moving independently from the S&P 500 since 2020, while BTC remained in a falling trend from September 2025 through March 23. The coin is down more than 45% since the October 11, 2025, crypto crash and was trading around $68,471 at press time. Over the same period, the S&P 500 gave back a Q4 2025 8.7% rally that pushed it to about 7,000 before sliding over the last two months.

Bitcoin rose back above $70,000 on Monday after U.S. President Donald Trump said the U.S. and Iran had held "very good and productive conversations" and indicated a five-day pause on potential strikes tied to progress in talks. BTC jumped about 4.4% from roughly $68,500 to nearly $71,500 and later traded around $70,700, while ETH gained 7.2% from about $2,048 to $2,196 before hovering near $2,160.

Bitcoin moved back toward $71,000 on March 23 after President Donald Trump said U.S.-Iran talks were “very good and productive” and suggested a pause in military action could help end the war. Prices later hovered around $68,600-$68,900, while a rapid liquidation wave saw about $265 million in crypto short positions closed within 15 minutes. The move highlighted how quickly leveraged markets can reprice on geopolitical headlines.

Mt. Gox has made a small Bitcoin transfer for the first time since December 2025, moving 0,0071 BTC worth about $500. The exchange-linked wallet still holds over $2 billion in BTC, while Bitcoin traded back above $70,000 after briefly dipping below $68,000.

Marc Syz has split from his family's Banque Syz over whether to embed a Bitcoin treasury strategy into the private bank, after its leadership declined the proposal. Future Holdings AG, described as holding 5,000 BTC worth about $450 million as of March 2026, is now being prepared for a dual listing on Nasdaq and the SIX Swiss Exchange with a CHF 500 million fundraising target.

MicroStrategy says it aims to hold 1 million Bitcoin by the end of 2026, up from its current 628,900 BTC valued at nearly $76 billion. To close the roughly 371,100 BTC shortfall, it would need about $22 billion in new capital and an implied buying pace near 6,158 BTC per week at current prices.

Bitcoin began the new week after dipping to near $67,400 into the weekly close and losing the 200-week EMA trend line around $68,300. Several traders continued to frame downside scenarios, including bear-flag breakdown risk and a potential move below $50,000, while liquidation data showed over $400 million wiped out in 24 hours. Macro pressure also built as gold fell into a technical bear market and oil sought to hold above $100 amid Strait of Hormuz uncertainty.

H100 Group has signed a letter of intent to buy Norway's Moonshot and Never Say Die in an all-share transaction, aiming to move their Bitcoin into a larger listed vehicle. A definitive agreement is expected by April 22, with closing planned after H100's annual general meeting, though the company has shown conflicting AGM dates. If completed, H100's holdings would rise from 1,051 BTC to about 3,501 BTC, which the company said is worth roughly $239.7 million at current prices.