Bitcoin hovered around $67,800 after sliding about 3% over the past 24 hours as President Trump extended the deadline for major strikes on Iran by 10 days. The total crypto market cap fell more than 2% while large-cap tokens weakened, even as Bitcoin Hyper's HYPER presale surpassed $32.1 million with the token priced at $0.0136776 and a fixed supply of 21 billion.

Bitcoin (BTC) discussion has turned notably bearish on social media, with retail chatter increasingly focused on downside narratives. BTC was trading at $66,020.38 at press time, down 4.8% in 24 hours, 6.1% over seven days, and 0.3% over the month. The shift echoes a pattern where extreme crowd fear has sometimes appeared near market turning points.

A Bitcoin researcher said a rare two-block reorganization around block height 941880 was consistent with normal network behavior, not a coordinated "selfish-mining" attack. The episode briefly produced two equally long valid chains before Foundry USA extended its chain and ultimately notched a seven-block streak that orphaned AntPool and ViaBTC's blocks. The researcher noted the reorg occurred during a low-fee period and the two reorganized blocks brought Foundry only 0.025 BTC in transaction fees.

Bitcoin fell toward $66,000 at Friday's Wall Street open as broader risk assets weakened amid oil-supply concerns. The daily drop neared 4% and traders highlighted $70,000–$72,000 as overhead supply, while some market watchers looked for a possible move toward $64,000–$65,000 into the March close.

GameStop's March 26 10-K said it did not sell its Bitcoin, but pledged 4,709 of its 4,710 BTC to Coinbase Credit as collateral for a covered-call options strategy. In fiscal 2025, the company reported a $131.6 million total loss on digital assets, while valuing its BTC position at $368.3 million as of January 31, 2026. The filing also followed Q4 2025 results released March 24 showing net sales of $1.104 billion, down 14% year over year.

On-chain trackers showed about $324 million in GameStop-linked BTC moving to Coinbase, prompting speculation the retailer had sold its stack. The company's latest 10-K indicates it still has Bitcoin-linked exposure by pledging 4,709 of 4,710 BTC to Coinbase for a covered-call strategy, receiving about $368 million in cash while limiting gains above roughly $105,000–$110,000 per BTC. On paper, the filing shows GameStop now holds 1 BTC directly.

Corporate Bitcoin treasuries are shifting from passive holding to strategies designed to generate income while retaining BTC exposure. GameStop bought 4,710 BTC with about $500 million in May 2025, then moved 4,709 BTC to Coinbase Prime and used them as collateral for covered calls with $105,000–$110,000 strikes. The structure led to asset derecognition and a $131.6 million loss, alongside a $368.3 million receivable intended to preserve its economic exposure.

Crypto ETF flows turned negative on March 26 as Bitcoin ETFs logged $171.3 million in net outflows and Ethereum ETFs posted $92.5 million in net outflows. The shift came as markets eyed a large options expiry, with about $16.4 billion in Bitcoin and Ethereum contracts set to expire this Friday.