Just noticed bitcoin price today hovering around $73K after that wild March selloff. Remember when geopolitical tensions and hot inflation data sent it crashing from $74K down to $71K? That whole Iran escalation thing combined with February's PPI coming in way hotter than expected really spooked the market.

What's interesting is how interconnected everything is now - oil prices spiking, Fed policy uncertainty, and suddenly bitcoin price gets dragged along with the whole risk-on crowd. Ether, Solana, and XRP all took similar hits back then, though they've recovered a bit since.

Looking at bitcoin price today, we're seeing a modest recovery from those lows, up about 1.2% over the last day. The Fed's messaging on rate cuts and how they're reading the inflation picture still matters more than people think. Even with oil prices stabilizing, that inflation data really complicated things for rate cut expectations.

Also caught that World Liberty Financial situation - WLFI got hit pretty hard after that whole Dolomite lending drama. Just goes to show how quickly governance tokens can crater when strategy questions pop up.

Feels like we're in a wait-and-see phase. Bitcoin price today reflects that uncertainty, but at least we're not at those March lows anymore.