{"id":1499,"date":"2026-03-14T11:28:22","date_gmt":"2026-03-14T11:28:22","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1499"},"modified":"2026-03-14T11:28:22","modified_gmt":"2026-03-14T11:28:22","slug":"bitcoin-rejected-at-74k-as-middle-east-tensions-rise-while-blackrock-launches-ethb-weekly-recap","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/03\/14\/bitcoin-rejected-at-74k-as-middle-east-tensions-rise-while-blackrock-launches-ethb-weekly-recap\/","title":{"rendered":"Bitcoin Rejected at $74K as Middle East Tensions Rise While BlackRock Launches ETHB: Weekly Recap"},"content":{"rendered":"\n
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Bitcoin experienced strong volatility on Friday following the release of United States PCE inflation data, though its upward move was quickly stopped near the 74,000 dollar level.<\/p>\n\n\n\n

It was another busy week dominated by rapidly escalating tensions in the Middle East. The conflict intensified as both sides continued to strike each other and their allies, developments that have kept global markets on edge.<\/p>\n\n\n\n

The cryptocurrency market reacted quickly to the geopolitical news. Bitcoin began the week under pressure, dropping from around 68,000 dollars on Sunday to a multi day low of about 65,600 dollars as traditional financial markets reopened following weekend attacks and political statements.<\/p>\n\n\n\n

Buyers soon stepped in to stabilize the market and prevented a deeper decline. Bitcoin then began a gradual recovery and approached the 70,000 dollar mark by Wednesday. After an initial rejection, bullish momentum pushed the price close to 72,000 dollars before resistance forced it back down to around 69,000 dollars when the United States CPI inflation data was released later that day.<\/p>\n\n\n\n

Although the inflation figures largely matched expectations, the market remained steady at first. Bitcoin later jumped by nearly 2,000 dollars after Donald Trump stated that there was \u201cpractically nothing left to target\u201d in Iran.<\/p>\n\n\n\n

After another volatile trading session near 70,000 dollars, Bitcoin attempted another upward move on Friday following the release of January PCE inflation data in the United States, which showed a 0.3 percent monthly increase and a 2.8 percent annual rise.<\/p>\n\n\n\n

The cryptocurrency briefly touched 74,000 dollars for the second time in ten days but was rejected again and fell by more than 2,000 dollars shortly afterward. Despite the pullback, Bitcoin remains about 6 percent higher for the week. Other major cryptocurrencies including BNB, XRP, and Solana posted similar gains.<\/p>\n\n\n\n

Ethereum performed even better, rising nearly 10 percent during the week, while Hyperliquid surged by roughly 23 percent.<\/p>\n\n\n\n

Major Crypto Headlines This Week<\/strong><\/p>\n\n\n\n

BlackRock Introduces Staked Ethereum ETF<\/strong><\/p>\n\n\n\n

The week\u2019s biggest development came from the world\u2019s largest asset manager, BlackRock. The firm launched a new Ethereum exchange traded fund called iShares Ethereum Trust Staking ETF that allows investors to benefit from Ethereum staking rewards. The fund recorded about 15.5 million dollars in trading volume on its first day.<\/p>\n\n\n\n

Ripple Targets $50 Billion Valuation Through Buyback Plan<\/strong><\/p>\n\n\n\n

Ripple Labs is reportedly aiming for a 50 billion dollar valuation through a new share repurchase initiative. The program allows the company to buy back up to 750 million dollars worth of shares from employees and existing investors.<\/p>\n\n\n\n

Trump to Host Gala for Top TRUMP Token Holders<\/strong><\/p>\n\n\n\n

After months of decline for the TRUMP meme coin, President Donald Trump announced plans to host a special gala for the largest holders of the token. The news triggered an immediate rally, pushing the token\u2019s price up by about 50 percent.<\/p>\n\n\n\n

Arthur Hayes Shares Bitcoin Buying Strategy<\/strong><\/p>\n\n\n\n

Arthur Hayes, co founder of BitMEX, remains optimistic about Bitcoin\u2019s long term outlook. However, he believes the asset could fall again due to ongoing geopolitical tensions involving the United States, Israel, and Iran. Hayes indicated he might begin accumulating Bitcoin again if the price drops below 60,000 dollars.<\/p>\n\n\n\n

Binance Faces Possible Investigation Over Iran Sanctions<\/strong><\/p>\n\n\n\n

According to a report from The Wall Street Journal, the United States Department of Justice has started examining whether Binance was used to help Iranian linked wallets bypass American sanctions. The exchange has denied the claims and has filed a defamation lawsuit against the publication regarding an earlier article.<\/p>\n\n\n\n

Elon Musk Announces Public Access for X Money<\/strong><\/p>\n\n\n\n

Elon Musk confirmed that users will soon receive early public access to the X Money payment feature on X, with the rollout expected to begin in April as part of his plan to expand the platform\u2019s financial services.\u00a0#crypto#cryptonews https:\/\/t.me\/coinsignalpublic<\/a> https:\/\/coinsignals.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin experienced strong volatility on Friday following the release of United States PCE inflation data, though its upward move was quickly stopped near the 74,000 dollar...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1499","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1499"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1499\/revisions"}],"predecessor-version":[{"id":1501,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1499\/revisions\/1501"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}