Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

March 21 — Bitcoin has rebounded past $71,000, according to HTX market data, currently trading at $71,048 with a 24-hour gain of 1.66%.

On March 21, U.S. Central Command (CENTCOM) Commander Brad Cooper stated in a video that U.S. forces have targeted Iranian coastal facilities threatening passage through the Strait of Hormuz. The strikes hit Iran’s underground sites, anti-ship missiles, plus intelligence support systems and radar equipment. (Source: FXStreet)

On March 21, LookOnChain monitoring shows Trend Research transferred 0.852 ETH (valued at approximately $1,840) to Garrett Jin, an agent affiliated with the "BTC OG Insider Whale."

March 21 – HSBC noted the Federal Reserve held its policy rate steady at 3.50%-3.75% at its March meeting and signaled an on-hold stance. Persistent inflation and escalating geopolitical risks have cast uncertainty over the central bank. HSBC reaffirmed its prior view that the Fed will keep interest rates unchanged through 2026 and 2027. Inflation risks have risen, notably amid surging energy prices, while labor market risks have eased slightly. Energy price fluctuations and geopolitical tensions are expected to continue supporting safe-haven demand and a firmer U.S. dollar. (FXStreet)

March 21 — Per The Times of Israel, Israeli official Katz told military brass during an assessment meeting that Israel and the U.S. will “significantly escalate” strikes on Iranian infrastructure in the coming week. Katz added Israel is “determined to keep leading” military actions against Iran, targeting its command structure and eroding its strategic capabilities until all threats to Israel’s national security and U.S. interests in the region are eliminated. He also stated Israel will not “stop operations” until all war objectives are met.

March 21 – Per CCTV, U.S. officials announced March 20 local time that the U.S. military is deploying three warships and roughly 2,500 Marines to the Middle East. Earlier, U.S. informed sources noted the reinforcement would give President Trump additional military options, including launching an operation to "open" the Strait of Hormuz—an effort requiring U.S. air and naval forces to deploy near Iran’s coastline. Insiders add the Trump administration is also weighing deploying ground troops to Khark Island, Iran’s "oil export lifeline." The plan aims to seize the island as leverage to pressure Iran into reopening the Strait of Hormuz. Located in the northwestern Persian Gulf, over 20 kilometers from Iran’s coast, Khark is Iran’s largest crude oil export hub, handling roughly 90% of the country’s oil exports.