BITCOIN AND OVERALL MARKET OUTLOOK : The Bitcoin market is navigating a critical juncture as escalating political rhetoric between the U.S. and Iran puts significant pressure on risk assets. Analysts are warning investors that Bitcoin carries a risk of dropping below the $96,000 level due to these rising geopolitical tensions. Despite this gloomy outlook, the fact that U.S. bond market volatility has sunk to its lowest level since 2021 is being evaluated as a strong macro bull signal. Market sentiment has climbed to the "Greed" level for the first time since the major selloff in October, indicating increasing investor appetite. On-chain data reveals that long-term Bitcoin holders (HODLers) are selling significantly less compared to 2025, choosing instead to preserve their assets. In the mixed atmosphere created by Bitcoin, Ripple (XRP) has lost 3% despite license approvals, and Dogecoin (DOGE) has dropped 4% due to profit-taking, succumbing to the general market weight. Investors are currently stuck between strong technical data and fear-inducing geopolitical headlines, continuing their search for direction. The rally that stability in the U.S. bond market would normally trigger is currently being suppressed by the risk of war. The market's short-term direction is expected to be determined by the news flow coming from the Washington and Tehran channel. Experts emphasize that defending the $96,000 support level is vital for the continuity of the bull market.

US REGULATORY AND OVERSIGHT UNCERTAINTY : Unexpected delays and objections are occurring in critical steps that will shape the legal infrastructure of the cryptocurrency market in the U.S. The Senate Banking Committee has once again postponed regulatory clarity by canceling the highly anticipated "markup" session intended to regulate the market structure. This cancellation decision increases concerns that the legal framework will not be clarified in the short term, causing unease among institutional investors. On the other hand, the National Collegiate Athletic Association (NCAA) has made a formal call to the Commodity Futures Trading Commission (CFTC) demanding a pause on prediction markets based on college sports. The NCAA wants tighter controls, arguing that such betting and prediction markets could damage the integrity of sports. These pressures from regulatory bodies and postponements in the legislative branch stand out as bureaucratic obstacles that could slow down the crypto industry's growth speed. Market actors are closely following the political reasons behind the Senate's cancellation decision and how the CFTC will respond to the NCAA's request. These developments imply increased compliance costs and uncertainty, especially for U.S.-based projects and exchanges. Investors are questioning whether this process of legal uncertainty in Washington will hinder innovation. Industry representatives argue that lobbying activities need to be accelerated for a more transparent and supportive legal ground.

FORMER BITCOIN MAYOR AND THE NYC TOKEN CRISIS : Eric Adams, the former Mayor of New York known for his crypto-friendly policies and dubbed the "Bitcoin Mayor," has come to the agenda with a new scandal. The sudden and severe 80% crash in the value of the NYC Token, which is associated with New York City, has caused great anger among investors. Following the crash, Eric Adams, who became the center of attention, firmly denied allegations that he made personal profits from the token project in question. Although Adams argues that he has no direct financial relationship with the token's performance, he is struggling to dispel doubts in the public opinion. This event has reopened the discussion on the ethical and financial risks involved when local governments or political figures get involved in crypto projects. The 80% loss in value has caused serious grievances for small investors who invested by trusting the project. Market observers state that tighter audits should be conducted regarding the sustainability and regulation of such "city coins." Adams' statements reveal the difficulties he faces on the fine line between his political career and crypto advocacy. The incident risks setting a bad precedent that could damage efforts to adopt cryptocurrencies in the public sphere. Investors have been warned once again to approach such speculative assets with more caution.

BITCOIN AND OVERALL MARKET OUTLOOK : The Bitcoin market is navigating a critical juncture as escalating political rhetoric between the U.S. and Iran puts significant pressure on risk assets. Analysts are warning investors that Bitcoin carries a risk of dropping below the $96,000 level due to these rising geopolitical tensions. Despite this gloomy outlook, the fact that U.S. bond market volatility has sunk to its lowest level since 2021 is being evaluated as a strong macro bull signal. Market sentiment has climbed to the "Greed" level for the first time since the major selloff in October, indicating increasing investor appetite. On-chain data reveals that long-term Bitcoin holders (HODLers) are selling significantly less compared to 2025, choosing instead to preserve their assets. In the mixed atmosphere created by Bitcoin, Ripple (XRP) has lost 3% despite license approvals, and Dogecoin (DOGE) has dropped 4% due to profit-taking, succumbing to the general market weight. Investors are currently stuck between strong technical data and fear-inducing geopolitical headlines, continuing their search for direction. The rally that stability in the U.S. bond market would normally trigger is currently being suppressed by the risk of war. The market's short-term direction is expected to be determined by the news flow coming from the Washington and Tehran channel. Experts emphasize that defending the $96,000 support level is vital for the continuity of the bull market.

US REGULATORY AND OVERSIGHT UNCERTAINTY : Unexpected delays and objections are occurring in critical steps that will shape the legal infrastructure of the cryptocurrency market in the U.S. The Senate Banking Committee has once again postponed regulatory clarity by canceling the highly anticipated "markup" session intended to regulate the market structure. This cancellation decision increases concerns that the legal framework will not be clarified in the short term, causing unease among institutional investors. On the other hand, the National Collegiate Athletic Association (NCAA) has made a formal call to the Commodity Futures Trading Commission (CFTC) demanding a pause on prediction markets based on college sports. The NCAA wants tighter controls, arguing that such betting and prediction markets could damage the integrity of sports. These pressures from regulatory bodies and postponements in the legislative branch stand out as bureaucratic obstacles that could slow down the crypto industry's growth speed. Market actors are closely following the political reasons behind the Senate's cancellation decision and how the CFTC will respond to the NCAA's request. These developments imply increased compliance costs and uncertainty, especially for U.S.-based projects and exchanges. Investors are questioning whether this process of legal uncertainty in Washington will hinder innovation. Industry representatives argue that lobbying activities need to be accelerated for a more transparent and supportive legal ground.

FORMER BITCOIN MAYOR AND THE NYC TOKEN CRISIS : Eric Adams, the former Mayor of New York known for his crypto-friendly policies and dubbed the "Bitcoin Mayor," has come to the agenda with a new scandal. The sudden and severe 80% crash in the value of the NYC Token, which is associated with New York City, has caused great anger among investors. Following the crash, Eric Adams, who became the center of attention, firmly denied allegations that he made personal profits from the token project in question. Although Adams argues that he has no direct financial relationship with the token's performance, he is struggling to dispel doubts in the public opinion. This event has reopened the discussion on the ethical and financial risks involved when local governments or political figures get involved in crypto projects. The 80% loss in value has caused serious grievances for small investors who invested by trusting the project. Market observers state that tighter audits should be conducted regarding the sustainability and regulation of such "city coins." Adams' statements reveal the difficulties he faces on the fine line between his political career and crypto advocacy. The incident risks setting a bad precedent that could damage efforts to adopt cryptocurrencies in the public sphere. Investors have been warned once again to approach such speculative assets with more caution.