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    Bitcoin Tapped K, Oil Costs Ended March With 60% Surge: Market Watch
    Bitcoin

    Bitcoin Tapped $69K, Oil Costs Ended March With 60% Surge: Market Watch

    By Crypto EditorApril 1, 2026No Comments3 Mins Read
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    Bitcoin jumped to a brand new multi-day peak of over $69,200 earlier in the present day because the markets put together for Trump’s extremely anticipated speech on the warfare in opposition to Iran.

    Most larger-cap alts are additionally within the inexperienced, with ETH climbing previous $2,100 and XRP defending the $1.30 help. ZEC and HBAR have posted essentially the most features.

    BTC Stopped at $69K

    The first cryptocurrency ended the earlier enterprise week with a violent worth drop that drove it from $69,000 to a then-multi-week low of $65,600, which dragged all the market sentiment again to ‘excessive worry’ territory. The asset discovered some help at these ranges earlier than it dumped to a brand new month-to-month low of $65,000 on Monday morning when the legacy futures markets opened.

    The bulls lastly reemerged at this level and didn’t enable one other breakdown. As an alternative, BTC started to get better some floor and tapped $68,000 afterward Monday. It fell again to $66,400, jumped by two grand, and dipped once more to $66,000 yesterday because the warfare within the Center East continued to unfold.

    As soon as Iran’s President stated his nation is able to finish the warfare if it receives sure ensures, BTC jumped to $68,400 once more, however was stopped. It broke by that stage earlier in the present day and tapped $69,200 after studies emerged that US President Trump will deal with the scenario later.

    For now, BTC has retraced to $68,700, avoiding a sixth consecutive decline into March, with a market cap of $1.375 trillion. Its dominance over the alts stands above 56% on CG.

    Bitcoin Tapped K, Oil Costs Ended March With 60% Surge: Market Watch
    BTCUSD April 1. Supply: TradingView

    Oil’s Month

    Given the truth that Iran, one of many world’s greatest oil hubs, was underneath assault for all the month, and the Strait of Hormuz stays largely closed, it’s anticipated that the commodity’s worth would go on a unstable experience.

    General, it ended March with an enormous 60% surge. In actual fact, Brent crude oil futures marked essentially the most important month-to-month enhance because the contracts had been created almost 40 years in the past.

    BREAKING: Brent crude oil futures costs formally finish March 2026 with a +60% acquire, posting the biggest month-to-month acquire because the creations of the futures contract in 1988.

    US fuel costs are up by +$1.25/gallon since December. pic.twitter.com/3OFL6Drukl

    — The Kobeissi Letter (@KobeissiLetter) March 31, 2026

    ETH Above $2.1K

    Ethereum has jumped by over 3% previously 24 hours and now sits nicely above $2,100. XRP maintained the $1.30 resistance and now sits at $1.36. BNB is above $615, whereas LINK, ZEC, AVAX, and HBAR have posted much more spectacular features from the larger-cap alts. In distinction, CC, BCH, and TRX are barely within the pink.

    The entire crypto market cap has added round $60 billion each day and sits near $2.450 trillion on CG.

    Cryptocurrency Market Overview April 1. Source: QuantifyCrypto
    Cryptocurrency Market Overview April 1. Supply: QuantifyCrypto

    The put up Bitcoin Tapped $69K, Oil Costs Ended March With 60% Surge: Market Watch appeared first on CryptoPotato.





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