NYSE:CRWV 5 January 2026 - 16 February 2026

March 22, 2026, 3:28 AM EDT. Bitcoin declined 2.2% to $69,192 on Sunday after U.S. President Donald Trump issued a 48-hour deadline demanding Iran reopen the Strait of Hormuz or face attacks on its power plants. The threat marked a sharp escalation from prior de-escalation signals, sparking $299 million in liquidations in the crypto market, predominantly long positions on Bitcoin and Ether. Major tokens including Ether, XRP, and BNB also fell. The Strait remains effectively closed, disrupting 20% of global oil and gas flows. The market's prior rally to near $76,000 dissipated on increased geopolitical risk, despite the Federal Reserve's dovish stance. Traders remain cautious ahead of the Monday deadline, wary of potential strikes on Iranian civilian energy infrastructure.