March 27: Bitcoin Drops Below $67K on Geopolitical Fears

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2:01Good morning, everybody. It's your daily crypto news for Friday, March 27, 2026. My name is Matt and Bitcoin. Number go down. Ethereum. Number go down. The market cap. Number go down. And fear greed. Number go down. Oh, treasure yields. Number go up. What does that mean to everybody? Bad. All right, so there you go. There's your economic lessons for today. Look at all the markets went down yesterday. Not just crypto, so there you have it. Number go down. Let's take a look at some regulatory oversight and developments. Tether. It hired KPMG for its first big four out of the USDT reserves. It's with the assistance of PWC. And that's because the company is getting up for a US expansion and potential multi-billion dollar equity raise. I think it's interesting that they need to raise equity considering, according to their CEO, they're the most profitable company ever.

3:02Mr. David Sacks are bestie. He is the crypto and AI Tsar under the Trump administration. He's stepping down. He's moving to a presidential advisory committee role. And he has to be there. He needs to advise over the key crypto registration that's pending right now, the Clarity Act. And he's stepping down not because he doesn't want to do it anymore because he hit his 130-day limit that he's allowed to serve under that special administrative role. Top Democrat in the House committee, Question Crack can federal reserve master account approval. And lawmakers are continuing to push another bill to curb potential insider trading on prediction markets. Maybe they should push a bill that can curb insider trading on in Congress. How about that? You know, it's like, hey, good for you to curb insider trading for everybody else. And I'm not saying insider trading for everybody else is good. But why don't you just clean up your own house first, you pieces of, you know what I'm saying. And Australia find Binance local derivatives unit, $6.9 million over client-on-boarding features. While the UK, St. Sins, targeted a $20 billion

4:09scam-link crypto platform. Institutional and corporate moves, Bitcoin and ETS, recorded the largest single-day outflow in three weeks, $171 million, seemingly cooling of institutional demand after strong early month inflows. I don't know if there's a cooling. I just think we're just in a very weird geopolitical time and people are trying to figure things out. Anchorage Digital added Tron custody support. Opening regulated US is the digital access to TRX trading and staking. New York Stock Exchange owner doubled down on polymarket with a fresh $600 million investment. The total commitment is hindering $2 billion dollars. And Coinbase and Fannie Mae partnership advances crypto-backed mortgages for home buyers. That's amazing. That's amazing. I'm going to see how this will work. I think there's going to be a lot of people that are going to take advantage of this. But let's

5:10just say you have 10 Bitcoin laying around. That's not number one down, so it's not that much. Let's say it's okay. There's a lot. But you know what I'm saying? Let's just say it's 20 Bitcoin. You put up 20 Bitcoin as collateral for a loan. Let's say you're buying an average house for $500,000. Yes, the average one price in America is $500,000. That it is what it is. But you have to put up let's say a million dollars. Double it. I don't know what the details are. But then number continues to go down. The risk is so high on the investor. The person who's taking this mortgage back on Bitcoin because of the amount of collateral. If you are maxing it out and number goes down, let's just say that 20 Bitcoin goes down to $30,000 Bitcoin. Now you're over collateralized, but going by $100,000. I'll be shitting myself. Coinbase, if they have to liquidate your Bitcoin to satisfy the loan or it goes under the collateralized mark, then you are just over there. They have 20 Bitcoin. You do have a house with no more loan, but you're also about 20 Bitcoin.

6:15It's just the risk is so high. And it's because it's out of your control because of the geopolitical issues. Let's just say, and I'm not hoping this happens. Let's say, some major strike happens on the United States or some major escalation happens around the world. And the markets just go, you know what, austerity measures. We're not dealing with it. Let's say a bear's oil jumped because of the state of hormones. We're at $200. Something happens to refineries. There is a major thing. China goes into Taiwan. And look, if you look at all this, you're like, hey, America, the world is in a no-world world, let's say, who cares about the 20 Bitcoin? If it gets solved in six months, yeah, yeah, people do care. Anyway, I'll get the details for you next time about that. I just always think that collateralized loans are so risky to the person that holds the asset. Let's talk a little bit about some security and enforcement highlights. Indian authorities arrested a suspected suspect tied to Myanmar linked crypto scam compounds

7:21and Vietnam detained suspects in a alleged ONUS crypto fraud case on this crypto fraud case involving token price manipulation. Some of the notable stories around the world retail selling intensifies as Bitcoin dipped obviously. But some larger hot, hot, others rails and sharks accumulated Bitcoin at accumulated 61,000 Bitcoin over the past month. So basically, the people who know are buying the dip. They're BTFD. If you have dry powder, they're saying, I'm going to get cheaper Bitcoin. Michael Saylor is doing it. Just because institutional investors, everybody says institutional investors, no, you have some pencil next on Wall Street that are 25 years old coming out of whatever they're using some kind of software, quant software, looking at little pluses and minuses and stupid FIB trends and whatever they're trying to do this with Bitcoin and not don't care about the asset. They just care about making the trade, right? So then we're like, oh, but institutional investors,

8:22no, it's some pencil next at when was the zero. But you see every 25, you were nine years old when Bitcoin came out. I just don't I just don't I just think that there are people that are still really committed and historically it played out. But you're going to have to play the long game. 18.6 billion dollars in Bitcoin options are set to expire soon. The traders watching potential volatility around the 75k level. Yeah, let's get to the 75k level. And let's suggest Bitcoin's current price compression could resolve could resolve upward to the 80k level. If demand metrics improve, I love when people say that, right? It's like, hey, we can go up to the 80k if we get more demand. Of course, we can. I can see us fluctuating. I can see us bounce the back up to 72 74 breaking 74. It looks like it's been pretty hard, right? So if we break 74,

9:27we won't stay there long in my opinion. If we do, we have a reversal. But then again, we have with your political issues. I'm going to have to keep saying that how many times the fact is is we are still in a bear. There's nothing you can do about it. And everybody's predicting historical patterns looks like historical before your patterns aren't breaking. We're going to be doing this until at least October of this year. So buckle up buttercup as they say, local prices. Bitcoin's in at 66,500. Ethereum's drop below 2000. It's at 1990. B&B is at 610. XRP is at 133. Salinas at 8306. Trans at 31.31.2 cents. Those at 9 cents even. And hyper liquid is at 3832. Where's my bit tensor? Everybody was talking about the past. Oh, they went down. They're at 320.

10:30Still, they're doing good. RSI is oversold. Fear of greed is fearful. Not extremely fearful, but fearful. Still. And market cap is down 3.5%. That's our news. I hope you have a good weekend. I'm flying out to Florida. I'll be back on Monday. I am not too sure if we'll have afternoon news on Monday or if we'll just see you on Tuesday. But until then, happy huddling everyone. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day. There's zero chief thanks to four times more stretch than competing brands. And their innovative horizontal quickdraw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to TommyJohn.com today for 25% off your first order with code comfort. That's Tommy John.com slash comfort. Tommy John. Comfort perfected.

11:35If you've used Babel, you would. Babel's conversation based technique teaches you useful words and phrases to get you speaking quickly about the things you actually talk about in the real world. With lessons handcrafted by the 200 language experts and voiced by real native speakers, Babel is like having a private tutor in your pocket. Start speaking with Babel today. Get up to 55% off your Babel subscription right now at babel.com slash a cast spelled B-A-B-B-E-O.com slash a cast. Rules and restrictions may apply. That new thing? Yeah, we've got it. The drop by G&C bringing you all the newness that matters. Handpicked by the pros who actually know what's up and what's proven to work. We keep you on top of the trends and dialed into what's next. Whether you're crushing it at the gym, leveling up your game or thriving every day. The drop by G&C is where the latest solutions in health and wellness land first. Non-stop innovation and fresh finds daily. Explore what's new and what's

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