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Bitcoin stabilizes at $68,147 after Trump’s remarks on regulation
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Bitcoin stabilizes at $68,147 after Trump’s remarks on regulation

Bitcoin (BTC) was trading at $68,147 on March 4, 2026, with little change as of 09:30 local time. The largest cryptocurrency had recovered to about $69,000 earlier in the week but trimmed gains amid geopolitical tensions between the United States and Iran.
On March 3, President Donald Trump criticized major banks on social media for attempting to undermine the GENIUS law on stablecoin regulation and for blocking the CLARITY bill in the Senate. "The Banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda that will end up going to China, and other Countries if we don’t get The Clarity Act taken care of," Mr. Trump said. The GENIUS law, passed by Congress in June 2025, prohibits issuers such as Tether from directly paying yield to stablecoin holders.
Banking groups are seeking to ban all yield payments on stablecoins under the CLARITY law, which was passed by the House of Representatives in July 2025 but stalled in the Senate. Coinbase chief executive Brian Armstrong held a private meeting with Mr. Trump before the president’s post, arguing against a blanket ban on yield payments.
The US‑Iran conflict continued to weigh on alternative cryptocurrencies: ether (ETH) fell 1% to $1,979, XRP slipped 0.2% to $1.36, and Dogecoin declined 2.6%.
Published 09 March 2026
© InstaFintech Group
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