Bitcoin crossed $69,119, backed by nearly $29 billion in volume and over $112 million in short liquidations.
The total crypto market cap rose 2.23% to $2.36 trillion even as Brent crude hit $110 and the US dollar strengthened.
Ethereum climbed 3.68% to $2,130 but remains stuck in a tight $2,120–$2,150 resistance band, where failure to break higher could extend consolidation.
A 70% probability of a Bank of Japan rate hike, ceasefire odds dropping to 1% in the US-Iran conflict and oil at $110 a barrel continue to pressure crypto markets.
Crypto prices today are trading in the green zone. The US-Iran war shows no sign of a ceasefire, oil prices reached new highs, and a stronger US dollar is pulling markets in different directions today. The global market cap is up 2.23% at $2.36 trillion at press time. Bitcoin punches through the $69,000 mark, effectively liquidating the bears who banked on geopolitical tension to sink the tape. Except for TRON, every other coin is on a downtrend. The uptrend shows the crypto market’s capability to push through the noise.
Here is the latest crypto news and prices based on CoinMarketCap data.
Bitcoin price is at $69,119.61, up 3.03% in the last 24 hours, with a market cap that has now crossed $1.38 trillion. Trading volume came in at just under $29 billion, a sign that buyers are actively stepping in. Bitcoin alone saw over $112 million in liquidations in the crypto perpetual futures market, with
CoinSwitch Markets Desk noted, “BTC has moved in a narrow range over the past three days, indicating a lack of clear direction. Under the surface, BTC spot demand has dipped, as seen in the drop in the demand-to-supply ratio, while its strong link with equities keeps it sensitive to broader market moves. On-chain data shows continued outflows from exchanges, hinting at some accumulation, but lower spot volumes alongside rising leverage suggest a fragile setup. A sustained move above $69,000 is needed to regain momentum; until then, price action is likely to remain reactive and news-driven.”
Harish Vatnani, Head of Trade, ZebPay added, “Over the past two months, BTC is facing stiff resistance around $75,000 and its taking support around $65,000. Breakouts on either side of the range with good volumes will further decide the trend for the asset.”
Here is how the world’s top 10 crypto prices performed over the last 24 hours.
| Name | Price | 24h % | Market Cap | Volume (24h) |
|---|---|---|---|---|
| Bitcoin (BTC) | $69,119.61 | 3.03% | $1,383,227,075,239 | $28,976,036,910 |
| Ethereum (ETH) | $2,130.18 | 3.68% | $257,094,149,981 | $13,089,685,211 |
| Tether (USDT) | $0.9996 | 0.02% | $184,078,874,526 | $57,951,261,561 |
| XRP (XRP) | $1.34 | 2.15% | $82,310,768,419 | $1,855,711,289 |
| BNB (BNB) | $599.95 | 1.19% | $81,808,034,496 | $1,350,029,072 |
| USDC (USDC) | $0.9997 | 0.01% | $77,540,091,684 | $6,176,520,595 |
| Solana (SOL) | $82.04 | 1.98% | $47,006,521,999 | $3,021,714,297 |
| TRON (TRX) | $0.3177 | -0.06% | $30,110,037,871 | $496,315,534 |
| Dogecoin (DOGE) | $0.09268 | 1.79% | $14,247,559,896 | $945,382,107 |
| Hyperliquid (HYPE) | $36.86 | 2.69% | $9,435,676,546 | $150,121,001 |
Biggest Gainers: Ethereum, Bitcoin, Hyperliquid, XRP
Sole Loser: TRON
Looking at bitcoin and crypto prices today, WazirX Market's Desk stated, “Institutional demand, supported by strong March ETF inflows and a newly approved low-fee Morgan Stanley Bitcoin ETF, is providing price support. At the same time, large holders are distributing, and 30-day demand remains negative, raising questions around the strength of typical April seasonality. Oil supply disruptions are contributing to higher inflation expectations. Central banks remain constrained between managing inflation and supporting growth, adding to overall market uncertainty."
According to a Binance report, Short positions, bets that the price would fall, were wiped out across Bitcoin, Ethereum, and Solana contracts. This tells us that traders who were betting against Bitcoin got squeezed as prices climbed. Total crypto liquidations crossed $209 million in 24 hours, showing just how sharp the move has been.
Riya Sehgal, Research Analyst, Delta Exchange also commented. She said, “Ethereum is showing early signs of strength after reclaiming its key moving averages, but it is still trading within a major supply zone near $2,120-$2,150. This keeps the asset in a transitional phase, where a breakout could trigger momentum toward $2,200+, whereas rejection would likely extend its consolidation range.”
Here are the top headlines impacting crypto prices today.
The US-Iran war has taken a sharp turn. President Trump, writing on Truth Social, told Iran to "Open the Fuckin' Strait, you crazy bastards, or you'll be living in Hell". Trump also announced that US military strikes on Iran's energy infrastructure would begin Tuesday, 8:00 PM Eastern Time. He even named specific targets, saying "Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran."
Iran hit back hard. Officials called Trump's remarks "unbalanced" and said Tehran would not bow to pressure. An Iranian military official warned that any escalation would make the region "hell" for the US and Israel. Iran's Revolutionary Guards claimed responsibility for attacks on petrochemical plants in the UAE, Kuwait, and Bahrain.
Prediction market Polymarket now puts the chance of a ceasefire by April 7 at just 1%, down from 12% last week. For crypto, a prolonged war with no diplomatic off-ramp means headwinds for risk assets.
The oil prices have reached a new high at $110 a barrel at press time. Since oil is traded in dollars, surging crude prices are increasing global demand for the dollar, pushing the dollar index above 100. A stronger dollar usually puts pressure on crypto prices. However, some investors are also turning to Bitcoin as a hedge against inflation and currency risk. It may partly explain why crypto prices today are holding up despite the macro headwinds.
Strong US jobs numbers, 178,000 new jobs added in March have pushed back any hopes of a Federal Reserve rate cut this year. Meanwhile the unemployment rate fell to 4.3%. When rate cuts are off the table, borrowing stays expensive and investors tend to be more careful with risk. For crypto, this is typically bearish, yet prices are rising anyway, suggesting strong underlying demand.
According to a FXStreet report, markets are now pricing in a 70% chance that the Bank of Japan raises interest rates at its April meeting. The anticipation is the result of 10-year Japanese government bond yields hitting their highest point since 1999. A global tightening cycle could reduce liquidity across markets, including crypto, worth watching closely in the days ahead.
The CLARITY Act may fail if not passed before summer, a lawyer has warned as reported by DL News. With midterm elections looming, political focus will shift away from crypto bills. If the bill dies, it could leave the sector in a regulatory grey zone, which has historically hurt crypto prices and investor confidence in the longer term.
Also Read: How Many Dogecoins Exist in 2026? Full Supply Explained
Crypto prices today are rising despite war, high oil, and fading Fed rate cut hopes — showing real market resilience. Avinash Shekhar, Co-Founder & CEO, Pi42 explained, “From an investor standpoint, this is a phase that calls for patience and discipline rather than aggressive positioning. Allocations should be staggered instead of lump-sum entries, with a focus on fundamentally strong assets and maintaining liquidity to act on clearer confirmations.”
Shekhar further added, “Avoid chasing short-term moves or reacting to noise, as sideways markets often create false signals on both ends. A balanced approach with gradual accumulation on dips and a defined profit-booking strategy on sharp rallies is likely to be more effective until the market establishes a clearer directional breakout.”
Lastly, Bitcoin's break past $69,000, driven by short liquidations, points to short-term bullish momentum. However, the Bank of Japan rate decision, US-Iran war developments, and the CLARITY Act's fate remain key risks.
Also Read: Why These 3 Barriers Could Impact the Bitcoin Strategy
1. Why is Bitcoin rising despite the US-Iran war?
Bitcoin is rising because of strong market demand and short liquidations. Many traders had bet that prices would fall due to war tensions. When Bitcoin moved up instead, those positions were forced to close, pushing prices even higher. Some investors also see Bitcoin as a hedge against inflation and global uncertainty, which increases demand during geopolitical stress.
2. How do rising oil prices affect crypto markets?
Rising oil prices increase inflation and strengthen the US dollar. A strong dollar usually puts pressure on crypto prices because investors move toward safer assets. However, high inflation can also make Bitcoin attractive as a store of value. This creates a mixed effect, where crypto may fall in some cases but rise if investors seek protection from currency risks.
3. What does the lack of Fed rate cuts mean for crypto?
When the Federal Reserve does not cut interest rates, borrowing stays expensive. This reduces market liquidity and makes investors more cautious. Usually, this is negative for crypto because risk assets perform better when money is cheap. However, the current rise shows that crypto demand is strong even without supportive monetary policy.
4. Is Ethereum showing signs of a breakout?
Ethereum is showing early signs of strength after moving above key levels. However, it is still trading in a resistance zone between $2,120 and $2,150. If it breaks above this range with strong volume, prices could move higher. If not, Ethereum may continue to move sideways until a clearer trend develops.
5. Should I buy crypto now?
Investors should be careful at current levels because the market is influenced by both strong demand and high uncertainty. Experts suggest avoiding large lump-sum investments and instead using a gradual approach. Buying in small amounts during dips and booking profits during rallies can help manage risk while waiting for a clearer market direction.
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