Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Geopolitical tensions have escalated again, and it is possible to see the impact of this situation in crypto market news. Iran’s refusal to participate in ceasefire negotiations, and U.S. Vice President Vance canceling his visit to Pakistan—these events triggered a wave of risk aversion in the market. Oil prices jumped, and stock markets wiped out their intraday gains. But afterward, Trump announced that the ceasefire has been extended, and Iran signaled a halt to military actions. This is where the crypto market showed an interesting reaction.
If you look at Bitcoin and general crypto market news, a rebound has started as geopolitical tensions ease. Bitcoin is currently at the $77.36K level at (24 hours -0.85%), and Ethereum is at $2.31K at (24 hours -3.24%). Bitcoin dominance remains above 60%, indicating that interest in large-cap assets is continuing. The altcoin trading share has edged down—meaning the market is still being cautious.
As for token performance, there are some interesting moves. RAVE and M were previously closely followed by on-chain analysts, but now RAVE is down 23.36% in 24 hours, while M is up +7.77%. OPG is continuing the rise it started after Coinbase announced it would be listed soon, with a pullback of (-11.17%). CHIP is up +28.52% and BASED is up +2.13%. ASTEROID, meanwhile, reached a market cap of $139.20M as an ethereum-based meme token.
On the macro side, there are expected developments. Trump said he would be disappointed if the new Fed chair does not cut interest rates. Kevin Warsh believes the Fed should gradually reduce forward guidance. U.S. crypto market structure legislation has been postponed, and the Senate Banking Committee’s review is not expected in April. But Fed chair nominee Warsh supports integrating cryptocurrencies into the financial system—this could be important in the long run.
Looking at this week’s highlights, today HYPER is unlocking 94.37% of circulating supply, and LMTS is being released. On April 23, Tesla has earnings. On April 25, Trump will host a dinner at Mar-a-Lago for TRUMP token holders. In crypto market news, developments like these will determine how the market responds. The Fear and Greed Index is at 32—still in fear territory. In the current environment, it’s important to stay cautious and closely monitor macro developments.