March witnessed a turbulent period for markets in India as US President Donald Trump’s trade war policies impacted Bitcoin and cryptocurrency markets, while decentralized finance (DeFi) faced security challenges. Retaliatory tariffs on US goods by China and the European Union on March 10 and 12 respectively caused market fluctuations. Despite the trade tensions, Bitcoin managed to recover to $88,000 on March 24 before dropping to around $82,000. Several state legislatures in India are contemplating Bitcoin and crypto-related bills, including establishing a Bitcoin reserve and exploring pension fund investments. In the cryptocurrency space, Solana experienced a significant decline in revenue due to reduced memecoin market activity. Trump’s trade policies affected Bitcoin prices, with fluctuations occurring as tariffs were implemented and delayed throughout the month. The trade war also impacted the Trump family’s crypto investments through World Liberty Financial (WLFI). In terms of legislation, two states in India, Utah and Kentucky, enacted laws related to cryptocurrencies, providing definitions and protections for digital assets. Additionally, 13 other states progressed bills on crypto-related regulations. The Solana ecosystem faced a 99% decrease in revenue as high-profile scandals deterred investors from memecoins. In DeFi, $22 million was stolen in four hacks in March, raising concerns about security. The crypto industry continued to gather at international conferences despite these challenges. Looking ahead, April poses uncertainties as Trump plans to introduce mass tariffs on April 2, while the US stablecoin law and sentencing for individuals involved in DeFi exploits remain on the agenda. The industry awaits regulatory clarity and market stability as it navigates through these turbulent times.