Bitcoin nears $69,000, Ethereum nears $2,100 as market steadies
Bitcoin jumped to nearly $69,000 on Wednesday, up 2.4%, while Ethereum traded close to $2,100.
In India, that's about ₹62.2 lakh for Bitcoin and ₹1.9 lakh for Ethereum.
Despite global uncertainties, the crypto market stayed mostly steady.
Analysts see potential Bitcoin trend reversal
Analysts think Bitcoin's strong March could signal a trend reversal, though slower ETF inflows show big investors are still cautious.
High stablecoin supply hints at a wait and watch mood among traders. Altcoins like Binance Coin and Dogecoin saw more ups and downs. Meanwhile, AI tokens such as Render stood out with solid gains.
As Akshat Siddhant from Mudrex put it, recent geopolitical news helped calm Bitcoin's price swings; Vikram Subburaj from Giottus.com added that next week's CPI data could shake things up again for crypto fans watching support levels closely.