What happened last night in the crypto market?

• Bitcoin reached $74,000, causing more than $197.89 million in liquidations in one hour, including $188.10 million in shorts.
• The HYPE token on Solana saw its HYPE/BNB pair hit its highest level since July 2025.
• The S&P 500 erased the drop tied to the war in Iran and gained 8% over two weeks.
• ClearBank became one of the first banks approved under the European MiCA regulation.
• JPMorgan CEO Jamie Dimon said blockchain is becoming faster and less expensive than traditional finance.
• South Korean payments provider NHN KCP plans to launch its own layer 1 on Avalanche.
• Peter Schiff advised selling Bitcoin to buy gold and silver as BTC approached $75,000.
• U.S. Senator Thom Tillis is preparing a draft agreement on stablecoin yields to ease tensions between banks and crypto players.
• New negotiations between the U.S. and Iran could take place Thursday, according to AP, after Trump’s statements about the 158 Iranian ships destroyed.
• X product director Nikita Bier suggested that the platform could launch a crypto-related initiative.