The cryptocurrency market experienced a decrease in volatility on Friday, with the bitcoin price stuck in a range between $77,500 and $78,500 since midnight UTC. This subdued price movement follows a failed attempt to break through the $80,000 threshold on Wednesday, although the overall trend remains positive, with the BTC price steadily increasing throughout April and forming a series of higher highs and lows. Meanwhile, Ether (ETH) mirrored bitcoin's performance on Friday, declining by approximately 0.9% within a narrow trading 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 the extension of the ceasefire between Israel and Lebanon by three weeks, which had initially led to a 0.5% decline in the dollar on April 16. The derivatives market also saw adjustments in positioning, as traders continue to navigate the shifting landscape.