Crypto markets are heading into a dense week of catalysts. The US Senate has returned and negotiations over the CLARITY Act have restarted, while Tuesday brings both the Producer Price Index and BlackRock’s Q1 2026 earnings. Later in the week, traders will also track the US tax filing deadline, the Federal Reserve’s Beige Book, weekly jobless claims and an SEC roundtable. All of it is unfolding with heightened geopolitical tension in the background.
At the Monday US open, Bitcoin traded at $70,925.76, down 0.78% over the previous 24 hours. The source article tied that move to market reaction after President Trump ordered a naval blockade of the Strait of Hormuz following the collapse of US-Iran peace talks over the weekend. That escalation has become the setting for every macro and regulatory event on the calendar.
Senate returns as CLARITY Act timetable tightens
The US Senate came back from its Easter recess on April 13, and CLARITY Act negotiations resumed right away. The Senate Banking Committee is targeting a markup during the final two weeks of April. Senator Bernie Moreno said the bill needs to reach the Senate floor by May; otherwise, midterm election politics could push crypto legislation off the agenda for the rest of 2026.
The reopening talks also now include a formal challenge from the American Bankers Association on stablecoin yield, published the same day. According to the report, that response lands directly in the middle of the renewed negotiations.
PPI and BlackRock earnings land on the same morning
On April 14 at 8:30 a.m. ET, the US will release PPI data, a key wholesale inflation reading. The report is being watched for signs that energy price shocks linked to the Strait of Hormuz disruption are spreading into the broader supply chain. A hotter reading than expected would reinforce the view that the Federal Reserve may need to keep rates higher for longer.
BlackRock will also report first-quarter 2026 earnings on Tuesday. The article notes that the asset manager oversees $14 trillion and has major exposure to Bitcoin and Ethereum ETFs, which means any comments on institutional crypto flows or tokenisation plans could shift sentiment quickly.
Tax deadline and Beige Book may shape midweek positioning
April 15 is the US tax filing deadline. That creates a potential source of selling pressure, as some crypto holders facing capital gains liabilities tied to 2025’s peak may need to liquidate positions to cover their bills.
Later that day at 2 p.m. ET, the Federal Reserve will publish its Beige Book, a summary of economic conditions across all 12 Fed districts. The source frames it as one of the clearest reads this week on whether inflation pressure is moving beyond oil and gasoline into broader business activity.
Jobless claims, SEC signals and final Fed remarks before blackout
Initial jobless claims are due on April 16 at 8:30 a.m. ET. On the same day, the SEC will host a public roundtable on options market structure. The report points out that the commissioners leading that session are also involved in the SEC’s wider crypto regulatory agenda, putting extra attention on any signals that emerge.
Several Fed officials are also scheduled to speak through the week, with the last public comments expected before the pre-meeting blackout period begins around April 19. The most closely watched appearance is Governor Christopher Waller’s “Economic Outlook” speech on April 17. CME FedWatch currently shows a probability above 98% that there will be no rate cut at either the April 29 or June 17 meeting. Any shift away from that tone would likely move crypto prices quickly.