BITCOIN, ETHEREUM, XRP, DOGECOIN GAIN MOMENTUM ON RENEWED CEASEFIRE HOPES
Bitcoin trades below $70,000 amid hopes for a ceasefire in the U.S.-Iran war.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO:BTC) | $69,818.36 |
| Ethereum | (CRYPTO:ETH) | $2,143.01 |
| Solana | (CRYPTO:SOL) | $81.68 |
| XRP | (CRYPTO:XRP) | $1.33 |
| Dogecoin | (CRYPTO:DOGE) | $0.09184 |
| Shiba Inu | (CRYPTO:SHIB) | $0.055957 |
Notable Statistics:
- Coinglass data shows 84,159 traders were liquidated in the past 24 hours for $330.88 million.
- SoSoValue data shows net inflows of $8.99 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $71.2 million.
- In the past 24 hours, top gainers include Morpho, Ethena and Bonk.
Notable Developments:
- Bitmine Buys 71,252 Ethereum As BMNR Stock Uplists To NYSE
- Bitcoin Is Going To $10,000, Says Bloomberg Analyst — But Others Call It ‘Rage Bait’
- Bitcoin’s Rally Close To $70,000 May Be A Bull Trap, Analyst Warns
- Has Bitcoin Reached A Bottom? Watch These Key Accumulation Zones
- Robinhood, BNY Win Trump Accounts Contract As Signups Reach 4 Million
- Circle Partners With Polymarket In Exchange Overhaul
Trader Notes: Trader Castillo describes the current environment ascautiously neutral to mildly bullish, with expectations of short-term sideways price action rather than a sharp decline.
Despite some uncertainty, the broader outlook remains stable, with no strong signals of immediate downside risk.
Michael van de Poppe notes that while Bitcoin hasn't yet swept recent lows (which could still happen), the overall trend is improving.
A breakout above the $71,000 resistance level is seen as a key trigger that could accelerate upward momentum, with upside targets around $76,000–$79,000, and a longer-term target near $86,000.
Investor Ted Pillows points to a breakout from a recent downtrend, suggesting that a daily close above $70,000 would confirm strength. If sustained, this could open the door to a move toward the $75,000 range in the near term.
Image: Shutterstock
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2026-04-06T21:01:25Z