The cryptocurrency market saw heightened volatility in the week of April 6 to 10, with Bitcoin and Ethereum trading in choppy ranges amid global macro uncertainty and US-China trade tensions.
Bitcoin fluctuated around key psychological levels, briefly dipping mid-week before staging a modest rebound as bargain-hunting emerged. However, gains were capped as investors remained cautious amid broader Wall Street jitters.
Ethereum followed a similar pattern, fluctuating within a tight band and failing to sustain momentum, while broader altcoin markets remained highly selective with mixed performance across sectors.
Market direction was largely shaped by external macro factors, including evolving expectations around interest rates and global economic growth, with sentiment also influenced by policy signals from the Federal Reserve.
Despite the lack of strong upside momentum, major cryptocurrencies held key support levels, reflecting a degree of underlying resilience even as conviction remained limited.
Overall, the week highlighted a consolidation phase for crypto markets, with investors staying defensive and selective while awaiting clearer macro catalysts to drive the next decisive move.
