Bitcoin, on March 27, 2026, faced pressure due to the expiration of large-scale options, causing the price to fall below $70,000 and reaching a low of $69,990. The expiration of options contracts led to price fluctuations, especially around $75,000, while macro factors such as geopolitical risks and developments in crypto ETFs also influenced market sentiment. Technical analysis shows that Bitcoin remains in an upward trend, with a short-term key range between $69,000 and $71,000.

Gate News: On March 24, according to Martins, a team member of KalshiData, Kalshi has led the prediction market industry for the 14th consecutive week. Last week (March 17-23), the total nominal trading volume of the prediction market industry was approximately 6.4 billion US dollars, an increase of 11% from the previous week's peak, just 27 million US dollars away from the all-time high. Kalshi's nominal trading volume was approximately 3.4 billion US dollars, accounting for approximately 53% of the industry's total trading volume.