The cryptocurrency market experienced reduced volatility on Friday, with the price of bitcoin hovering between $77,500 and $78,500 since midnight UTC, at $78,348.72. This subdued price movement follows an unsuccessful attempt to break through the $80,000 threshold on Wednesday. Nevertheless, the overall trend remains positive, with the bitcoin price steadily increasing throughout April and consistently reaching new highs and lows. On Friday, Ether (ETH) mirrored bitcoin's performance, dropping approximately 0.9% since midnight while also staying within a narrow trading range.
U.S. stock futures presented a mixed picture, with Nasdaq 100 futures rising 0.5% following strong tech earnings, while S&P 500 futures slipped by 3 basis points. The Dollar Index (DXY) remained relatively unchanged, despite U.S.
President Donald Trump's comments confirming a three-week extension of the ceasefire between Israel and Lebanon. The dollar had previously fallen around 0.5% when the initial ceasefire announcement was made on April 16. Derivatives positioning and market trends are being closely monitored.