The Iran and Hormuz headlines hit first, then the options market took over, pulling Bitcoin back above $70,000 as positioning tightened.

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	Forwarded this email? Subscribe here for more Why Bitcoin keeps snapping back to $70k — and the $13B options “magnet” behind it The Iran and Hormuz headlines hit first, then the options market took over, pulling Bitcoin back above $70,000 as positioning tightened. CryptoSlate Mar 7   READ IN APP   Happy Saturday! Bitcoin snaps back above $70K amid a massive $13B options magnet and Iran-Hormuz tensions, but oil shocks threaten a 45% plunge if they force Fed rate cut delays—while a key resistance level could unlock $90K if trapped traders finally break free. Get the latest crypto news highlights below. The global crypto market cap is $2.32 trillion, with a 24-hour volume of $62.51 billion. The price of Bitcoin is $67,850.98, and BTC market dominance is 58.5%. The price of Ethereum is $1,978.17, and ETH market dominance is 10.3%. The best-performing sector is Marketplace, which gained 35%. The Crypto Fear & Greed Index is currently Extreme Fear (12). 📰 Top News Why Bitcoin keeps snapping back to $70k — and the $13B options “magnet” behind it The Iran and Hormuz headlines hit first, then the options market took over, pulling Bitcoin back above $70,000 as positioning tightened. Oil shock could send Bitcoin down 45% if price surge forces Fed to delay cuts If Hormuz disruption drags past week seven, bank models jump from “manageable” to $100 $125 $150 stress scenarios. Bitcoin could tag $90,000 again but only if this level stops acting like a sell wall for trapped traders Bitcoin approaches critical momentum threshold, weighing factors that could indicate a market regime change. Crypto-as-a-Service Playbook: How Banks, Telcos, and Fintechs Launch Crypto Products Fast, Safely, and Compliantly An institutional playbook for launching crypto via CaaS: architecture, phased rollout, security, compliance, payments, KPIs, and vendor diligence. Explore the GUIDE's Second Release 🗞️ More News AI is boosting demand for high skill tech jobs while quietly killing entry-level roles After $679 million in Iran war bets, Democrats move to ban prediction markets tied to military action 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. Our editorial refocus is working; over the past 90 days, traffic is up 90%. Coverage where buyers live. Beyond news, our site spans asset profiles plus directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. Real thought leadership. 500+ contributed pieces from top founders and executives, many ranking in the monthly top 5 by views. New product offerings that convert. We have expanded inventory with high-intent placements across Exchange Dashboards, Reviews, and Evergreen Guides, built for buyers comparing options and making decisions. Differentiated reporting. We zoom out, then explain why a story matters. That is why our coverage earns quality backlinks and citations, including multiple source links from Bloomberg. Readers who move markets. Our stories are read and shared by leaders like Binance founder CZ, Ethereum co-founder Vitalik Buterin, Tether CEO Paolo Ardoino, and public officials including El Salvador President Nayib Bukele and senior members of the U.S. Congress. Data-guided editorial. We program to demand. Bitcoin consistently leads attention, and our coverage reflects where adoption and buyer intent actually sit. View Our Media Kit About CryptoSlate CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments? Get in touch with us here. Connect with Us Telegram • X • Google News • LinkedIn • Instagram   Like Comment Restack   © 2026 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe