Digital assets dropped significantly this week, as traders took profit and hedged following macroeconomic challenges and escalating conflict in the Middle East.

Digital assets bounced back after a couple of cool weeks, defying wider market movements.

Digital assets pulled back this week, as truncated Easter ETF trading hours and increased bond yields led to a reduction in activity around Bitcoin and risk-on assets.

Digital assets returned to bullish momentum this week, as GBTC sell-offs slowed and Bitcoin recovered above the previous cycle’s record high.

Digital assets experienced volatility this week, with significant pullbacks from a combination of macro uncertainty, GBTC sell-offs, and Ethereum scrutiny, before staging a modest rally.

Digital assets continued their recent bullish momentum, with Bitcoin breaking new records, and Ether exceeding $4,000 for the first time since 2021, before a late macro-driven pullback.