In the past 24 hours, Ethereum went up 3% to trade at $2,124 level whereas Bitcoin went up 1%. Among the major altcoins, BNB, XRP, Solana, Dogecoin, and Cardano gained up to 1.5% whereas Tron and Hyperliquid both slipped 1% respectively.
Also Read | What changes for mutual fund investors from April 1? TER tweak, life cycle funds and folio freeze optionCoinSwitch Markets Desk said attention now shifts to the March Jobs Report on April 3, especially after February’s weak 92K print, the lowest since 2020. With markets closed for Good Friday, crypto will be the first to react, which could lead to higher volatility.If the data comes in weak, it may boost expectations of rate cuts and support bitcoin. On the other hand, stronger data could reinforce a higher-for-longer rate outlook, limiting upside. For now, markets remain cautious, awaiting clearer direction, the CoinSwitch Markets Desk further added.
The global crypto market capitalisation went up 0.8% to $2.34 trillion, according to CoinMarketCap.
The overall market sentiments continue to remain under fear, with the fear & greed index pointing at 30 and the Bitcoin price closed March trade in the green, breaking the bearish streak of 5 consecutive months, said CoinDCX Research Team.Bitcoin and Ethereum fell 4% and 2% respectively in the past week. Among the major altcoins, BNB, XRP, Solana, Dogecoin, Hyperliquid and Cardano fell upto 9% whereas Tron went up 3%.
Riya Sehgal, Research Analyst, Delta Exchange said crypto markets have seen a modest recovery over the past 24 hours, with Bitcoin hovering near the $68,000 mark and Ethereum also rebounding, as improving risk sentiment, driven by potential geopolitical de-escalation supported global markets.
Despite the bounce, underlying market conditions remain cautious, the spot demand continues to be weak, and derivatives activity suggests a lack of strong directional conviction which indicates that recent price action is being driven more by short-term flows and macro headlines, Sehgal further said.
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Here is what others say
WazirX Market’s Desk
Bitcoin remains stable amid broader macro uncertainty, while crypto-linked stocks have seen mild gains. However, ETF flows have eased recently, reflecting a phase of recalibration among institutions as markets consolidate before the next potential upward move.
Vikram Subburaj, CEO, Giottus
March was not a month of capitulation. It was a month where two opposing forces of institutional buying and a stubborn global macro environment clashed. The month’s sharpest selling came in its final week. On March 26, for the first time in 2026, Bitcoin, Ethereum, and Solana ETFs all recorded net outflows on the same day.
The following day, the largest quarterly options expiry of 2026 settled $14.16 billion on Deribit, the leading crypto derivatives exchange, triggering $451 million in forced liquidations across the market. The two days together erased $6.86 billion in total ETF net assets.
Akshat Siddhant, Lead quant analyst, Mudrex
While recent remarks from President Trump about a potential end to the conflict have eased immediate selling pressure, overall sentiment remains cautious.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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