Key insights
- Bitcoin's rise above $68,000 and broader crypto market momentum, including gains in Ethereum and Solana, signal renewed optimism. While crypto stocks like Robinhood and Coinbase show mixed performance, the overall positive trend in crypto prices could provide a mild tailwind for risk assets, including US equities, particularly those with exposure to the crypto space.
Bitcoin (BTC-USD) rises above $68,000 per token to start off the second quarter of 2026. The cryptocurrency has struggled to break through and hold above the $70,000 benchmark this year so far.
Market Catalysts Host Brooke DiPalma takes a closer look at various crypto assets and crypto-related stocks.
Let's get a check on crypto brought to you by the National Cryptocurrency Association. What we're seeing now as we make our way into Q2, also the first day of April,
is a bit of a return to crypto. Bitcoin moving higher, up about 2%. Ethereum also moving higher up about 3%.
And if you take a look over the past two days, what we have seen is this larger momentum return to cryptocurrency with Bitcoin now up about 2% over the past two days.
to take a look at their heat map, what we're seeing there across the board is green and intraday trading across the board here including Solana, which was down earlier this week, now up about 2% as we make our way into today's trading session.
And this sort of momentum is extending into crypto stocks as well. We have Robin Hood and Coinbase trying to hold on to some momentum here. Not too much when it comes to strategy. PayPal, Circle, they are down. But when you take a look at year to date, this is an industry that definitely has gotten a bit rocked by investors.
We have Robinhood Coinbase down double digits, Robin Hood down 37%, Coinbase down 22.5%.
So definitely something to watch out for as we do see a bit of optimism return to the cryptocurrency market.