Market Brief

Wednesday, March 11, 2026

2026-03-11

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GCG Research Desk

BTC $71,107-4.6%

ETH $2,195.03-5.9%

Sentiment: Fear (26)

Crypto markets sold off sharply as the Fed held rates, dashing hopes for 2026 cuts and sending Bitcoin below $71K.

Regulatory

SEC Chair Gensler clarifies that most NFTs fall outside securities laws, per CoinDesk.

via CoinTelegraph

Key Senate crypto market structure bill faces a must-pass vote by May, senators said.

via CoinTelegraph

Trump's SEC has dropped major cases against Coinbase and Ripple, sources confirm.

via CoinTelegraph

Bitcoin sank 4.6% to $71,107, breaking below key support as rate cut hopes faded.

via CoinTelegraph

Ethereum dropped 5.9% to $2,195, underperforming Bitcoin amid broad tech sector weakness.

via CoinTelegraph

Fear & Greed Index rebounded to 26 from extreme lows as traders re-entered.

via CoinTelegraph

FTX Recovery Trust will distribute $2.2 billion to creditors starting this month.

via CoinTelegraph

SEC approved Nasdaq's plan to support trading of tokenized securities.

via CoinDesk

Algorand Foundation cut 25% of staff, joining a growing wave of crypto layoffs.

via CoinTelegraph

Analysis by Global Coin Guide Research • Data: CoinGecko, CoinTelegraph, CoinDesk, Decrypt