Bitcoin advances to $71,000 while derivatives signal cautious bullishness: Crypto Markets Today
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By Omkar Godbole
Published on March 24, 2026.
Bitcoin BTC has risen by 0.25% since midnight UTC, adding to a broader 24 hour rally of 4%. Asian hours were particularly favorable to AI tokens, with bittensor (TAO) and FET adding 5.8% and 4.1% each. The rise followed comments from Nvidia CEO Jensen Huang that artificial general intelligence (AGI) has already been achieved. However, the main market driver continues to be the Middle East war, with fresh strikes in Tel Aviv and Lebanon. The crypto market has remained relatively resilient during the conflict, outperforming gold since the start of the war. Over $550 million in leveraged crypto futures bets have been liquidated in 24 hours, with shorts or bearish bets taking most of the hit.
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