• Bitcoin climbed roughly 1% from an intraday low close to US$68,450 to simply above US$69,000 after President Trump prolonged his pause on strikes towards Iranian vitality infrastructure from 5 to 10 days.
  • The ten-year Treasury yield hit 4.43%, its highest degree since August and up 48 foundation factors for the reason that Iran battle started on Feb. 28, crushing near-term rate-cut expectations.
  • Crypto concern gauges entered “excessive concern” territory within the last week of March because the Fed’s revised dot plot signalled just one price reduce for the rest of 2026.

Bitcoin (BTC) edged larger on March 26 after President Donald Trump stated he would lengthen his pause on assaults towards Iranian vitality infrastructure by 10 days, giving markets temporary reduction after a broader risk-off selloff tied to rising yields and weaker rate-cut expectations.

The cryptocurrency recovered about 1% from an intraday low close to US$68,450 (AU$99,253) to commerce simply above US$69,000 (AU$100,050). The bounce adopted a session through which Bitcoin had fallen greater than 3% and the Nasdaq dropped 2.4%.

Trump said diplomatic talks have been “superb and productive” and geared toward a full decision, however Iranian state media denied any negotiations have been underway, leaving the truce’s sturdiness unsure.

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Crypto Markets Underneath Strain

Markets stay below stress from larger borrowing prices and protracted inflation dangers. The ten-year Treasury yield rose to 4.43%, its highest degree since August and up 48 foundation factors for the reason that Iran battle started on Feb. 28. The five-year yield climbed to 4.10%, a nine-month excessive. 

Brent crude pulled again from an early-conflict spike to US$115 (AU$167) per barrel however stayed elevated, reinforcing concern that vitality costs may maintain inflation excessive.

That has additional weakened hopes for Federal Reserve easing. The Fed left charges unchanged at 3.5% to three.75% on March 18, and its up to date dot plot pointed to only one reduce for the remainder of 2026. 

Seven policymakers now anticipate no cuts this 12 months. Chair Jerome Powell stated inflation’s “final mile” stays tough, whereas futures markets now value the primary reduce no sooner than December 2026.

It’s value noting that Bitcoin ETFs posted US$167.2 million (AU$242.4 million) in web inflows on March 23 after Trump first introduced a five-day pause, with BlackRock’s IBIT contributing US$160.8 million (AU$233.2 million). 

Nevertheless, the subsequent day, after Iran denied talks have been happening, the funds swung to a US$66.6 million (AU$96.6 million) web outflow, to not point out the detrimental impact it had on BTC.

By March 25, week-to-date flows have been nonetheless modestly constructive at US$100.6 million (AU$145.9 million).

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The submit Bitcoin Steady After Trump Extends Iran Strike Pause as Markets Stabilise appeared first on Crypto News Australia.