Bitcoin opened the week on a positive note this Monday, April 6, trading at $68,986, up 2.5% on the day. Ethereum follows the trend at $2,109, also advancing. Over the week, BTC shows a 4.6% gain, a sign that buyers are gradually regaining control after a consolidation period.
This rebound comes in a relatively stable macroeconomic context. Traditional markets, particularly the S&P 500 and Nasdaq, closed last Friday slightly higher, supporting risk appetite. Crypto investors also seem reassured by the absence of shock regulatory news in the US or Europe. Total crypto market cap now exceeds $2.4 trillion, a level not seen since late March.
For traders, this Monday marks an important test. If Bitcoin can hold above $69,000, it could open the way for a try at $70,000 by mid-week. Ethereum, meanwhile, remains under pressure from BTC’s dominance, but its positive correlation with the market leader suggests a potential catch-up. Trading volumes are moderate, suggesting the move is driven more by spot buying than speculative positions. In summary, the market catches its breath after a turbulent March, and the bulls seem ready to regain control.
📬
Get the weekly crypto briefing
Analysis, trends and opportunities — straight to your inbox.
