Bitcoin continued to trade near the $67,000 level following strong U.S. jobs data, with 178,000 jobs added in March smashing expectations. The cryptocurrency has shown muted price action above $66,000 as investors weigh ongoing geopolitical tensions from the Iran conflict alongside positive economic indicators.
The Ethereum Foundation completed a major staking milestone, depositing $93 million worth of ether to reach its 70,000 ETH target. This represents the bulk of the foundation's planned staking commitment in a single session, completing a program announced in February to turn dormant treasury holdings into yield-generating positions. Market analysts note that crypto is consolidating as volatility cools, though derivatives data suggests traders remain cautious about potential downside moves.
