POLICY: U.S. Senate Agriculture Committee marks up the crypto market structure bill today, voting on amendments and whether to advance it to the Senate floor.

The market reaction to the Iran war is already visible in commodities. Since Feb 28 (war escalation), the data shows: • WTI Oil +27% • Brent +18% • Natural Gas +6% • Corn +4% Meanwhile: • Gold −0.6% • Copper −2.2% • Silver −6% • Platinum −7% The takeaway is