The cryptocurrency market experienced a decrease in volatility on Friday, with the price of bitcoin stuck between $77,500 and $78,500 since midnight UTC, currently at $80,077.04. This subdued price movement follows an unsuccessful attempt to break through the $80,000 threshold on Wednesday, although the overall trend remains positive, with the BTC price gradually increasing throughout April and establishing a series of higher highs and higher lows. On Friday, Ether (ETH) mirrored bitcoin's performance, declining by approximately 0.9% since midnight while also trading within a narrow range.
U.S. stock futures presented a mixed picture, with Nasdaq 100 futures rising 0.5% due to strong tech earnings, while S&P 500 futures slipped by 3 basis points. The Dollar Index (DXY) remained relatively unchanged despite comments from U.S.
President Donald Trump confirming a three-week extension of the ceasefire between Israel and Lebanon. The dollar had previously fallen by roughly 0.5% when the ceasefire was initially announced on April 16.
Derivatives positioning and market trends will be closely watched in the coming days.