CRYPTO MARKET OVERVIEW – W21/2026

Week 21 of 2026 delivered an unusual cross-asset divergence. Macro conditions flipped sharply from W20's risk-off impulse to W21's risk-on relief — the US–Iran negotiation framework dropped Brent crude ~9% from $110 toward $100, the 10Y yield pulled back to 4.56%, and CME FedWatch trimmed 2026 rate-hike odds from 45% to ~28%.