The US-Iran war is rapidly escalating as the United States issues one of the strongest warnings yet to Iran. Donald Trump has warned Iran to accept defeat or risk being “hit harder than ever.” Amid these increasing tensions, the crypto market and oil prices are under pressure. As oil prices continue to surge, digital assets see sharp declines.
The United Kingdom has enforced a policy change related to political funding, which includes a ban on political parties receiving crypto donations. Prime Minister Keir Starmer confirmed the move, saying that crypto donations will no longer be allowed until better inspection are in place.
TRENDING MARKET PULSE
Cardano price rose 5% to $0.275 in the past 24 hours amid optimism. The ADA price stayed above $0.27 as traders anticipated the Midnight mainnet launch this week. Investors are also watching the Clarity Act decision for regulatory clarity across broader markets.
The price of Cardano has regained its intraday low of around the $0.258 to $0.260 levels. The crypto market in general rose by 1.35%, while Bitcoin price 1.43% to $ $71,600.
The Senate is moving closer to an April 3 decision on the Crypto Clarity Act. Lawmakers on Capitol Hill are intensifying negotiations as the hearing date approaches.
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Dogecoin price slipped 4.26% over the past 24 hours to trade near $0.0927, mirroring a mild pullback across the broader cryptocurrency market. The token has fallen, but it remains above the key support level of $0.092 on Thursday, indicating that there is still some investor interest.
Traders are also trading in anticipation of increased upside momentum before the modular April 1 Qubic integration update.
The global crypto market capitalization fell 1.18% to $2.4 trillion, pressured by selling in Ethereum-related assets and a wider rotation out of altcoins. Bitcoin price fell after Trump told advisors he wants to End US-Iran War, while Ethereum consolidates above $2,100.
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