This month, Bitcoin’s hashrate fell 6% following U.S. and Israeli strikes on Iran, underscoring Iran’s role as a major crypto miner.
Bitcoin price remained flat despite brief mid-March gains. Rising 4% yields on five-year Treasuries drew capital away from riskier assets, pressuring BTC, which closed the month near $67,000.
Iran, responsible for 6-8% of global Bitcoin mining, saw disruptions due to military operations diverting energy resources.
Prediction market platforms such as Polymarket and Kalshi recorded over 192 million transactions in March - a 24% monthly rise and a 2,880% yearly surge.
Legal challenges continue, as several U.S. states, including Arizona and Nevada, move against platforms like Kalshi, claiming they operate illegal gambling services.
Euro-backed stablecoins now dominate non-dollar volume, comprising 85% of transfers, up from 50-70%, driven by institutional confidence and MiCA regulations.
Robinhood shares dropped 16% in March, closing at around $66. Crypto revenue fell 38% year-over-year in Q4 2025, with trading volumes off 58%. The firm initiated a $1.5 billion buyback plan.
Strategy’s Bitcoin portfolio showed an 11% loss, with BTC averaging $75,669 in its holdings versus current prices near $67,800. The company purchased 40,331 Bitcoin in March, funded via its high-yield STRC stock offerings.
