Bitcoin Trend | Rises Over 1% as U.S. Economic Data Expected to Influence Movement

SighingCashier · 2026-03-30T09:30:46+00:00

The cryptocurrency market is rebounding, with Bitcoin rising over 1%, currently trading at $67,739 USD. As the US economic report and Federal Reserve Chair Powell's upcoming speech draw attention, the market remains focused on cryptocurrency trends. Additionally, Goldman Sachs is expanding its cryptocurrency holdings amid instability in the Middle East, and stablecoin supply has reached a record high, indicating potential capital inflows.

SighingCashier

2026-03-30 09:30:46

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The crypto market is rebounding, with Bitcoin up more than 1%.

According to CoinDesk quotes, Bitcoin hit a 24-hour high of $67,730, and is now at $67,739, up 1.67%. Ethereum is currently at $2,062, up 2.9%; Dogecoin is also up 2.36%.

This week, the U.S. will release several economic reports, and along with remarks from Federal Reserve Chair Jerome Powell, they are expected to influence Bitcoin’s near-term trajectory. Among them, Powell is scheduled to deliver remarks on Monday at U.S. time. The market expects to look for clues about whether the Fed will cut interest rates later this year. If Powell delivers dovish signals suggesting that the labor market has cooled enough, Bitcoin’s price could see a rebound. Conversely, if the comments are more hawkish, they could push up the U.S. dollar and U.S. Treasury yields, thereby dampening market appetite for risk assets such as cryptocurrencies.

In addition, according to reports from overseas media, amid a climate of fear over political instability in the Middle East, Goldman Sachs has increased its crypto holdings, while its stablecoin supply has also reached a record high of $316 billion, indicating that there is still a large amount of capital waiting to enter the market.

ETH1.58%

DOGE-0.01%

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