Bitcoin closed the week this Friday, April 10, at $71,771, up 0.9% on the day. Ethereum remains stable at $2,189, virtually unchanged. Over the week, BTC shows an impressive +7.3% performance, while ETH advances 3.8%. This positive end to the week confirms the return of investor confidence after a difficult March.
The macroeconomic context was favorable throughout the week. Equity markets ended higher, supported by reassuring economic data on inflation and consumption. Additionally, rumors of institutional Bitcoin adoption fueled optimism, though no major announcement was made. Total crypto market cap reached $2.55 trillion, a multi-week high. Ethereum, though lagging BTC, remains supported by activity on Layer 2 networks.
For investors, this week is an encouraging signal. Bitcoin has successfully broken and held above $70,000, a key psychological threshold. The next step will be testing $75,000, a level not seen since January. Ethereum, meanwhile, will need to break through $2,300 to catch up. Trading volumes remained elevated at the end of the week, a sign of sustained interest. However, watch for correction risks next week, as markets may want to digest these gains.
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