Here are the most important market events over the last 24 hours:
Market Overview:
🔸The Dow fell 793 points (-1.73%) on Friday, joining the Nasdaq and S&P 500 in correction territory; all three major indexes are now 10%+ off their highs, with the S&P posting its 5th straight losing week
🔸Iran war widened on Day 29: Houthis launched their first missile at Israel, Iran hit a Saudi base injuring 12 US troops; Trump said war is "not finished yet" while envoy Witkoff expects Iran talks "this week"
🔸Brent crude surged to $111/bbl on Friday, up ~9% for the week; 10-year Treasury yield climbed to 4.46%, its highest since July
🔸Anthropic accidentally leaked details of "Claude Mythos," described as a "step change" in AI and its most capable model ever, warning it poses "unprecedented cybersecurity risks"
🔸Gold $XAU reversed its recent selloff, rising 1.6% to ~$4,496/oz as safe-haven flows returned on war escalation
Crypto Updates:
🔸$BTC trading at ~$66,350, down 3.5% in 24 hours as the broader selloff dragged crypto lower alongside equities
🔸$14.5B in #BitcoinPrices options expired Friday on Deribit, the largest quarterly settlement of 2026, with max pain at $75K far above spot price
🔸FTX Recovery Trust will distribute $2.2B to creditors on Monday (March 31), pushing total repayments to ~$10B; US customer class reaches 100% dollar recovery
🔸NYSE parent ICE invested $600M in Polymarket, completing its stake in the prediction markets platform as institutional adoption of on-chain markets grows
🔸CLARITY Act debate intensified: Sen. Lummis defended the bill as "strongest DeFi protection ever" while critics warn Title 3 could still classify non-custodial developers as money transmitters
🔸SEC cleared a path for new waves of crypto ETFs with updated listing standards, building on the March 17 commodity classification of 16 digital assets
🔸Bernstein called this correction one of the "weakest bear cases" in BTC history, noting spot ETF outflows stayed under 5% despite a 43% drop from the October high
