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SOTM March 25-31, 2021

Volatility dominated trading last week surrounding the expiry of the March futures and options contracts. As traders looked to work out of or roll out positions Bitcoin went through a temporary correction of roughly 10%, falling to nearly $50k from a peak of $58k. Following the 26th the price has continued to recover and climb back near all time highs. Other notable events include an announcement by Visa that they would begin settling transactions using stablecoins, the CME planning a launch of Micro Bitcoin Futures for May 3rd, and Wisdom Tree and Fidelity ling for Bitcoin ETFs.
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