The cryptocurrency market saw heightened volatility in the week of March 30 to April 3, with Bitcoin and Ethereum trading in choppy ranges amid global macro uncertainty and rising energy concerns.
Bitcoin fluctuated around key psychological levels, briefly dipping early in the week before staging a modest rebound as bargain-hunting emerged. However, gains were capped as investors remained cautious amid broader market jitters.
Ethereum mirrored the trend, experiencing sharp intraday swings but lacking sustained momentum, as sentiment toward risk assets remained fragile.
Market direction was largely influenced by external factors, including geopolitical tensions and oil price volatility, which weighed on overall risk appetite across global financial markets.
Despite the turbulence, both leading cryptocurrencies showed resilience, holding above critical support levels and attracting selective buying interest.
Overall, the week underscored a sideways, consolidation phase for crypto markets, with investors staying cautious while awaiting clearer signals on macro conditions and global risk trends.
