Crypto Ends The Week In The Red As Market Volatility Continues

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oil prices above $110 U.S. a barrel sent investors fleeing from risk assets such as crypto and stocks and into cash. BTC fell from a high of $75,000 U.S. earlier in the week to a low of $66,000 U.S. on March 27. Ethereum is again trading below the key support level of $2,000 U.S. More From Cryptoprowl:MoonPay Launches New Cross Chain Funding Options For Pump.Fun TradersRipple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares SurgeBlockchain Projects Decline 75% As Developers Shift To A.I.Stanley Druckenmiller Says Stablecoins Could Reshape Global FinanceOther leading cryptocurrencies such as Solana (CRYPTO: $SOL) and XRP (CRYPTO: $XRP) also slid deep into the red for the week. Cryptocurrencies fell alongside stocks, with all three major U.S. indices ending the week in a correction, defined as a decline of 10% or more from recent highs. With no end to the Iran war insight, investors are in a risk-off mood. Beyond the Middle East conflict, these were some of the top stories that moved crypto prices over the past week.Coinbase Offers Crypto Mortgages: Coinbase Global (NASDAQ: $COIN) is offering cryptocurrency-backed mortgages to U.S. homebuyers. The crypto exchange is partnering with mortgage firm Better Home & Finance (NASDAQ: $BETR) to enable people to use Bitcoin as a down payment when buying a house. The new crypto mortgages have the support of the U.S. government. Critics warn that securing mortgages with crypto could result in a housing crisis.Tether Prepares for an Audit: Stablecoin issuer Tether has hired KPMG to carry out an audit on its $185 billion U.S. dollar-pegged USDT stablecoin. The hiring of the accounting firm comes as Tether prepares for full financial scrutiny ahead of its push into the U.S. market. This news sent the stock of Circle Internet Group (NYSE: $CRCL) down 24% on the week.NYSE Invests in Polymarket: Intercontinental Exchange (NYSE: $ICE), the parent company of the New York Stock Exchange (NYSE), has invested $600 million U.S. in prediction market Polymarket. The money gives Polymarket fresh capital to fund its growth. It also comes as traditional market operators seek to capitalize on the popularity of prediction markets.White House Crypto Czar Steps Down: White House Crypto Czar David Sacks is leaving his post. Sacks has joined the President’s Council of Advisors on Science and Technology. Sacks, who held the Crypto Czar title for a year, oversaw the White House's early work on crypto, including the passage of the GENIUS Act. It’s not clear who, if anyone, will replace Sacks. Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 66,800.23 +651.08 (+0.98%)ETH-USD Ethereum USD 2,007.99 +20.57 (+1.03%)XRP-USD XRP USD 1.34 +0.01 (+0.82%)SOL-USD Solana USD 82.93 +0.38 (+0.46%)BTC-CAD Bitcoin CAD 92,855.66 +905.04 (+0.98%)PortfolioSign in to access your portfolioSign inTop gainersAGX Argan, Inc. 566.62 +155.77 (+37.91%)U Unity Software Inc. 19.45 +2.32 (+13.54%)ADV Advantage Solutions Inc. 25.57 +2.99 (+13.27%)ADMA ADMA Biologics, Inc. 9.25 +0.96 (+11.58%)MEOH Methanex Corporation 65.22 +5.76 (+9.69%)Top losersFLY Firefly Aerospace Inc. 23.71 -3.11 (-11.58%)YOU Clear Secure, Inc. 47.44 -5.96 (-11.16%)ASTS AST SpaceMobile, Inc. 78.67 -9.19 (-10.46%)HNGE Hinge Health, Inc. 36.25 -3.93 (-9.78%)ZETA Zeta Global Holdings Corp. 14.55 -1.53 (-9.51%)Most activeNVDA NVIDIA Corporation 167.52 -3.72 (-2.17%)GRAB Grab Holdings Limited 3.5700 -0.1400 (-3.77%)TSLA Tesla, Inc. 361.83 -10.28 (-2.76%)INTC Intel Corporation 43.13 -0.97 (-2.20%)NU Nu Holdings Ltd. 13.60 -0.42 (-3.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events