Crypto Market: The Rollercoaster of Disappointment!

What to know:

By Omkar Godbole (All times ET unless indicated otherwise)

So, the crypto market starts the week off like a kid on Christmas morning, all bright-eyed and bushy-tailed, but wait! What’s this? A reality check! Gains? Nah, they’re like that last slice of pizza nobody wants. Ether (ETH) and solana (SOL) have risen over 3% since midnight UTC, while BTC is up nearly 2%. XRP? Oh, poor XRP, lagging behind at 1.5%, like the kid who forgot to do his homework.

The demand side? Weak as a cup of decaf coffee. U.S.-listed spot bitcoin ETFs just had a net outflow of $296.18 million. That’s right, folks, snapping a four-week streak of inflows. Ether ETFs bled over $200 million. These funds are like a window into how institutional investors feel about cryptocurrency-right now, it’s like a bad date.

Then there are stablecoins, which are supposed to be the reliable friends in this chaotic party. But even they are throwing red flags. Tether’s USDT, the biggest dollar-pegged stablecoin, has stalled at around $184 billion. And Circle Internet’s (CRCL) USDC? Down nearly 1.5%, like it just got dumped.

Markus Thielen, founder of 10x Research, reported a $-1.1 billion decrease in Stablecoins last week. Is that a sign? Yes! A negative one! It’s like when you’re at a buffet and see a sign that says “out of shrimp.”

Meanwhile, veteran chart analyst Peter Brandt is predicting that bitcoin could fall to $49,000. Traders are all about those put options-lingering downside fears, folks. It’s like watching a horror movie where you know the killer is lurking behind the door, but you just can’t look away.

But hey, a sudden shift in sentiment could happen! Maybe a U.S.-led ceasefire in the Iran conflict sparks a rally. Or maybe pigs will fly. But for BTC to signal a full bullish reversal, it needs to establish a foothold above $75,000. Good luck with that!

What to Watch

For a more comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead”.

Token Events

Still waiting for something exciting? Check CoinDesk’s “Crypto Week Ahead”.

Conferences

Trying to figure out where the action is? You guessed it-CoinDesk’s “Crypto Week Ahead”.

Day 2 of 3: Tokenize! LATAM 2026 (San Juan, Puerto Rico)
Day 1 of 4: EthCC (Cannes, France)

Market Movements

BTC is up 1.48% from 4 p.m. ET Sunday at $67,388.07 (24hrs: +1.41%)
ETH is up 2.78% at $2,051.71 (24hrs: +2.87%)
CoinDesk 20 is up 2.05% at 1,940.98 (24hrs: +1.61%)
Ether CESR Composite Staking Rate is down 6 bps at 2.70%
BTC funding rate is at 0.0007% (0.7939% annualized) on Binance

DXY is up 0.23% at 100.09
Gold futures are up 1.55% at $4,561.70
Silver futures are up 2.38% at $71.20
Nikkei 225 closed down 2.79% at 51,885.85
Hang Seng closed down 0.81% at 24,750.79
FTSE 100 is up 0.54% at 10,021.13
Euro Stoxx 50 is unchanged at 5,501.70
DJIA closed on Friday down 1.73% at 45,166.64
S&P 500 closed down 1.67% at 6,368.85
Nasdaq Composite closed down 2.15% at 20,948.36
S&P/TSX Composite closed up 0.23% at 31,960.70
S&P 40 Latin America closed down 0.75% at 3,473.97
U.S. 10-Year Treasury rate is up 2 bps at 4.44%
E-mini S&P 500 futures are up 0.35% at 6,435.00
E-mini Nasdaq-100 futures are up 0.28% at 23,394.00
E-mini Dow Jones Industrial Average futures are up 0.31% at 45,566.00

Bitcoin Stats

BTC Dominance: 58.52% (0.21%)
Ether-bitcoin ratio: 0.03048 (1.36%)
Hashrate (seven-day moving average): 1,018 EH/s
Hashprice (spot): $31.84
Total fees: 1.63 BTC / $108,730
CME Futures Open Interest: 121,295 BTC
BTC priced in gold: 14.9 oz.
BTC vs gold market cap: 4.49%

Technical Analysis

The chart shows weekly price swings in Nvidia (NVDA) in candlestick format. How thrilling!
Prices have dropped 7% over the past two weeks, breaking out of that sweet bullish trend. Just great.
This breakdown suggests weakening momentum. Perfect! Let’s just add fuel to the fire!
NVDA is the bellwether of all things AI-just imagine if it correlates with bitcoin! What a delightful mess!

Crypto Equities

Coinbase Global (COIN): closed on Friday at $161.14 (-7.06%), +2.38% at $164.98 in pre-market
Galaxy Digital (GLXY): closed at $18.00 (-8.21%), +2.78% at $18.50
MARA Holdings (MARA): closed at $8.02 (-6.53%), +2.00% at $8.18
Riot Platforms (RIOT): closed at $12.80 (-8.60%), +2.19% at $13.08
Core Scientific (CORZ): closed at $15.07 (-4.56%), +1.53% at $15.30
CleanSpark (CLSK): closed at $8.66 (-6.88%), +3.58% at $8.97
Exodus Movement (EXOD): closed at $6.48 (-5.40%), -3.40% at $6.26
CoinShares Bitcoin Mining ETF (WGMI): closed at $35.19 (-5.10%), +2.87% at $36.20
Circle Internet Group (CRCL): closed at $93.66 (-4.69%), +2.28% at $95.80
Bullish (BLSH): closed at $34.43 (-5.52%), +0.78% at $34.70

Crypto Treasury Companies

Strategy (MSTR): closed at $126.03 (-5.19%), +1.88% at $128.40
Strive Asset Management (ASST): closed at $9.85 (-5.33%), -0.25% at $9.83
Sharplink (SBET): closed at $6.04 (-7.50%), +3.57% at $6.26
Upexi (UPXI): closed at $1.00 (-6.54%), +2.00% at $1.02
Lite Strategy (LITS): closed at $1.10 (-5.17%)

ETF Flows

Spot BTC ETFs

Daily net flows: -$225.5 million. Ouch!
Cumulative net flows: $55.91 billion. Still in the green, sort of.
Total BTC holdings ~1.29 million. That’s a lot of coins!

Spot ETH ETFs

Daily net flows: -$48.5 million. Upward trend? Not quite.
Cumulative net flows: $11.55 billion. At least they’re still holding on.
Total ETH holdings ~5.71 million. A small army of tokens!

2026-03-30 14:26