<div id="readability-page-1" class="page"><div>BITCOIN was holding onto gains early Wednesday in Asia after snapping a five-month losing streak in March, buoyed along with other risk assets by US President Donald Trump’s intention to end the war on Iran within weeks.The original cryptocurrency was little changed just above US$68,000 at 9.00 am in Singapore. Ether, the second-largest token, was holding above US$2,100.Bitcoin climbed 2.2 per cent in March, its first monthly gain since September, fueling optimism among some that digital assets may be emerging from the “crypto winter” that began with a price crash in October. Trump’s comment late Tuesday that he expects the US to exit the Iran war in the next two to three weeks triggered a rally across risk assets including equities, even though the crucial Strait of Hormuz remains closed.Bitcoin, which is only slightly above the roughly US$66,500 level it was at a month ago, would need to sustain prices above the US$70,000 to US$72,000 range to build conviction among investors, said Rachael Lucas, an analyst at BTC Markets.“Markets have been conditioned by 12 months of policy reversals,” she said. “Bitcoin’s price action tells the story: It stayed compressed in a tight range even as equity markets moved sharply on the headline” from Trump.Ryan Rasmussen, head of research at Bitwise Asset Management, was more optimistic on the outlook.“Once the geopolitical and macro headwinds clear, we believe the multi-year bullish tailwinds of institutional adoption and regulatory clarity will push Bitcoin to new all-time highs,” he said. “The positive price action in March, after five months of negative prices, is a sign that investors are waking up to this, and Bitcoin is on the verge of a breakout from crypto winter.”ETF inflowsBitcoin has been aided by net inflows of US$1.2 billion into US exchange-traded funds in March, ending a four-month stretch of net outflows.The token held steady through much of last month even as equities and gold fell on inflation fears fueled by soaring energy prices. Still, Bitcoin remains about 45 per cent below its all-time high of over US$126,000 reached just before the October selloff.Investors continue to seek downside protection. Crypto options platform Deribit shows a concentration of over US$1.5 billion worth of put contracts at US$60,000, indicating that some traders are betting the token will again test those levels.Hayden Hughes, managing partner at Tokenize Capital, said April is likely to see a return to volatility in crypto markets, even as they initially rally on the long-awaited plan to end the Iran war. “It will feel like the good times have returned,” he said. “Still, our base case is further downside for the remainder of the year caused by supply chain disruption that cannot be fixed quickly, high levels of household debt, stress in the private credit industry, and potentially other black swan-esque risks that we feel are not adequately priced in.” BLOOMBERG</div></div>

ABTC

GBTC

Bitcoin is maintaining gains in Asia after ending a five-month losing streak, trading just above US$68,000. The cryptocurrency rose 2.2% in March, signaling potential recovery from the 'crypto winter.' Analysts suggest Bitcoin needs to sustain prices above US$70,000 to regain investor confidence. Positive ETF inflows and optimism about institutional adoption are noted, although Bitcoin remains 45% below its all-time high. Experts predict volatility in April, with concerns about macroeconomic factors potentially impacting the market.

- Bitcoin has maintained its gains following a five-month losing streak, trading just above US$68,000 due to optimism from US President Donald Trump's announcement to end the Iran war soon.  
- March saw Bitcoin's first monthly gain since September, rising 2.2%, but analysts suggest it must maintain prices above US$70,000 to build investor confidence.  
- The cryptocurrency ecosystem is experiencing mixed sentiments as ETF inflows and geopolitical developments may boost prices, yet concerns over volatility and economic pressures persist.

Businesstimes News

Grayscale Bitcoin Mini Trust ETF

American Bitcoin

Grayscale Bitcoin Trust BTC - ETF

Bitwise Bitcoin ETF

Tradr 2X Long CLSK Daily ETF

GraniteShares 2x Long MARA Daily ETF

CoinShares Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund - ETF

WisdomTree Bitcoin Fund

Defiance Daily Target 2X Long RIOT ETF

Leverage Shares 2x Cpd Acclrtd MSTRMnETF

GraniteShares 2x Long MSTR Daily ETF

ARK 21Shares Bitcoin ETF

Invesco Galaxy Bitcoin ETF

VanEck Bitcoin ETF

Roundhill COIN WeeklyPay ETF

T-REX 2X Long MSTR Daily Target ETF

Franklin Bitcoin ETF

Grayscale Bitcoin Adopters ETF

iShares Bitcoin Trust ETF

ProShares Bitcoin Strategy ETF

Direxion Daily Crypto Industry Bull2XETF

Roundhill MSTR WeeklyPay ETF

Valkyrie Bitcoin and Ether Strategy ETF

Bitcoin holds gains in Asia after five-month losing streak ends