Bitcoin maintaining stability above the $70,000 mark could gradually strengthen the foundation for the next leg of upside in the broader crypto market, estimates crypto analyst.

On a weekly basis, the flagship token Bitcoin has surged 9.13 per cent from $65,969.78 recorded on March 8, while Ethereum posted a gain of nearly 11 per cent from $1,936.60 on the same date ...

Investors are now watching the upcoming US jobless claims data. Positive numbers could help BTC test the $72,500 zone, while the support remains at $68,000, says crypto analyst.

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Bitcoin’s drop coincides with an IEA proposal to stabilize energy markets, leaving derivatives traders paying for downside protection.