Decentralized exchange Hyperliquid's HYPE token has rallied 23% in a week and is trading around $36–$37 after a TD Sequential buy signal on March 8 preceded a 28.23% price jump. On March 13 the same indicator flashed a sell signal, and analyst Ali Martinez warned of a possible short-term pullback to about $34 that could create a fresh entry point. Research firm DCo modeled HYPE's value across multiple market capture scenarios, estimating that capturing 0.01% to 1.00% of a $1.74 trillion daily TAM via HIP-3 could justify prices between $60 and $190 by Year 3.

Bitcoin climbed 4% on Friday to retest the $74,000 resistance level before pulling back to around $72,215 near the top of its consolidation range. According to analyst Sunny Mom, on-chain indicators such as the 6–12 month holder cohort's losses, an MVRV ratio near 1.2, and a low long-term holder share of Realized Cap suggest the market remains in a stress phase without a firm structural bottom. She outlines scenarios from a sharp capitulation drop to an extended trading band between $60,000 and $80,000, with volatility expected inside the $60,000 to $70,000 zone.

Bitcoin is attempting to stabilize around $71,000 while encountering resistance at $74,000, with several historically reliable metrics pointing to a potential end of the current downturn. According to Brett Munster of Blockforce Capital, the MVRV Z-Score has slipped to about 0.38, while realized price near $54,000 and the 200-week moving average around $58,000 outline a possible accumulation band between roughly $45,000 and $60,000. Munster cautions that an exact bottom cannot be guaranteed but argues that most of the drawdown may already have occurred and that Bitcoin's current risk-reward profile appears more favorable.

Hyperliquid's native token HYPE has risen 21% over the past week while a recent analysis argues the asset is still trading below its potential value. On Thursday, Hyperliquid Daily highlighted surging perpetual volume, protocol revenue above $1.039 billion, and record real-world asset activity as key metrics. Technical analyst TraderJB also pointed to a bullish price structure, but warned that losing the $20.80 level could signal a trend reversal.

Bitcoin is moving within a $60,000 to $73,000 range, a period that CryptoQuant analyst MorenoDV characterizes as the cycle's most frustrating stage, marked by uncertainty and weak conviction. On-chain indicators such as Apparent Demand, the Bull Market Cycle Indicator, and Long-Term Holder SOPR suggest a psychologically difficult, bear‑style consolidation. At the same time, Bitcoin is attempting to hold near $70,000 and challenge resistance around $72,000–$73,000 after showing resilience during recent geopolitical tensions and political comments.

White House Crypto Advisor Patrick Witt has renewed his push for the stalled CLARITY Act, a crypto market structure bill that has seen no recent progress amid banking sector resistance to stablecoin rewards. In social media remarks this week, Witt criticized banks for warning about potential deposit flight, arguing that crypto platforms have offered stablecoin yields for years without such outcomes. He also highlighted ongoing disputes in the Senate over anti-money laundering rules, DeFi risks, and crypto holdings by senior officials, which continue to cloud the bill’s future.

Ripple has launched a new share repurchase plan of up to $750 million from investors and employees, placing the blockchain payments company at a $50 billion valuation. The program, reported on Wednesday and set to run through April, follows a prior September effort to buy back $1 billion in shares that saw limited shareholder participation. Following the latest announcement, XRP briefly recovered to around $1.39, even as the asset continues to show losses over recent multi‑week periods.

Oil-linked trading on decentralized exchange Hyperliquid saw 24-hour volumes climb past $1 billion, with the CL-USDC perpetual contract alone exceeding $1.2 billion and becoming the platform's second-largest market after Bitcoin. The surge in activity, alongside a more than 30% jump in oil futures toward $120 per barrel and rising open interest to $183 million, coincided with a roughly 10% rally in the HYPE token and a bullish $150 price target for August 2026 from Arthur Hayes.

In a Thursday report, Reuters indicated that the CLARITY Act, a long-awaited U.S. crypto market structure bill, may fail to become law in 2026 amid growing resistance from major banks. Lenders are opposing key clauses on stablecoin rewards and yield-bearing products, rejecting a White House compromise that crypto firms have agreed to. With Senate floor time shrinking ahead of midterm campaigning, analysts warn that the legislative window to pass and send the bill to the President could close as early as July.