2026-03-16 06:00 UTC | BLOCK 940856 BITCOIN $74,121 | GOLD $4,980 1. Bitcoin smashes $74K resistance, war-era high -- BTC surged $1,585 since last update, breaking through the level that capped price for weeks. -- Decoupling from equities and gold ($4,980) now decisive; structural haven rotation confirmed ahead of FOMC. 2. FOMC decision tomorrow, $137B settlements underway -- Fed announces Tuesday with oil at $98, yields at 4.24%, and war burning $1.9B/day; Treasury settlements draining liquidity simultaneously. -- Hawkish hold risks BTC retest of $70K; any dovish signal accelerates breakout with $74,121 already clearing prior resistance. 3. House financial privacy hearing convenes today -- HFSC opens 21st-century financial privacy overhaul following Treasury report legitimizing mixer use cases. -- Arrives alongside DOJ Tornado Cash retrial push; sets precedent for code-as-speech and sovereign transactions with BTC at new highs. 4. Ceasefire odds hit 12%, Iran war hardens -- Lowest reading of entire conflict after Tehran's formal rejection; eight-nation kinetic war entering week three with no diplomatic channel. -- Ground entry 30%, regime fall 28% by June; SPR's 120-day drawdown clock is the only timeline markets are pricing.