SECURE DIGITAL MARKETS
Daily Market Brief
Thursday, April 2, 2026
Morning Edition · Generated by SDM Trade Studio
BTC / USD
$66,879
-2.80%
ETH / USD
$2,062
-3.39%
SOL / USD
$79.03
-5.40%
BTC Dom.
56.3%
BTC Funding
0.0082%
Longs pay
CME Basis
4.20%
6.8% ann.
Net ETF Flow
-$1,049M
Outflow
SDM Research · Institutional Digital Assets
Bitcoin retreats 2.8% to $66,879 amid oil supply concerns and risk-off sentiment
BTC Price
$66,879
-2.80% (24h)
Perp Funding Rate
1bp
Normalized · 8h rate
ETF Flow (24h)
-$1,049M
Net outflow
Source: SDM Research · The Block · CoinDesk · Cointelegraph · Blockworks · Summarized by Claude (Anthropic)
Macro & Geopolitical
Global risk sentiment deteriorated on renewed Middle East oil supply concerns, with the 10Y Treasury yield rising 3bps to 4.38% while equities showed mixed pre-market performance. The DXY strengthened modestly as safe-haven flows supported both USD and gold, which rallied 0.91% to $3,042. Digital assets' correlation with traditional risk assets remains elevated, with Bitcoin's 2.8% decline tracking broader commodity and equity weakness amid geopolitical uncertainty.
10Y Treasury
4.38%
+3bps from prior close
S&P 500
5,284
+0.34% pre-market
Gold (XAU)
$3,042
+0.91% (risk-off bid)
Source: Reuters · Foreign Policy · BBC World · The Guardian · CFR · Summarized by Claude (Anthropic)
Market Overview
Digital assets declined broadly with Bitcoin falling 2.8% to $66,879 amid renewed oil supply concerns that weighed on risk assets globally. Market structure shows defensive rotation with BTC dominance rising to 56.3% while major altcoins underperformed, led by BNB's 6.7% decline.
BTC Technical Analysis — Daily & 4H
$84,250$79,500$65,500$63,000$60,250
EMA 20EMA 50EMA 200
BTC Daily — 90 Days$66,804-1.90%
RSI (14)
BTC 4H — 30 Days$66,804+0.88%
RSI (14)
Source: Kraken Public OHLC API · EMA & RSI computed client-side · Key levels are indicative only
Top Coins — 5-Day Normalized Returns
Hourly close prices for 24 major cryptocurrencies, normalized to percentage change from the start of the 5-day window. Excludes stablecoins (flat line), BNB (not listed on Kraken), and HYPE/USDS/MNT (not available). Data: Kraken public OHLC API.
Done — 24/24 coins loaded
ETH+1.7%
BTC-0.1%
TRX-0.3%
PEPE-0.4%
LINK-0.8%
SHIB-0.8%
ICP-1.5%
TON-1.7%
AVAX-1.7%
NEAR-2.2%
DOGE-2.7%
SUI-3.2%
AAVE-3.6%
XRP-3.7%
ADA-4.3%
XLM-4.4%
HBAR-4.5%
LTC-4.9%
DOT-4.9%
SOL-5.4%
TAO-6.6%
UNI-7.0%
BCH-7.9%
APT-11.0%
Source: Kraken Public OHLC API · Hourly candles · 24 coins · Normalized to % from T-5 days
Derivatives — Funding, CME Basis & Open Interest
Funding rates remain elevated at 0.82% for BTC and 0.61% for ETH, indicating persistent leveraged long positioning despite the selloff. CME basis compressed to 4.2% from recent highs, suggesting institutional contango normalization as open interest held steady at $18.4B for BTC.
ETF Flows & Approval Odds
ETF flows diverged sharply with Bitcoin products experiencing $2.1B in outflows while Ethereum saw $1B in inflows, resulting in net outflows of $1.05B. The flow divergence suggests tactical rotation within digital asset allocations rather than broad institutional capitulation.
Combined Net ETF Flow Today: -$1,049M USD — BTC + ETH + SOL Spot ETFs
Economic Calendar
Non-Farm Payrolls release tomorrow followed by April CPI data April 10th and SOL ETF deadline April 15th represent key catalysts for near-term positioning.
Source: Federal Reserve · BLS · BEA · SEC.gov
© 2026 Secure Digital Markets
Generated by SDM Trade Studio · sdm.co
Generated by SDM Trade Studio · sdm.co
This brief is prepared for informational purposes only and does not constitute financial advice. Digital assets involve substantial risk. Past performance is not indicative of future results.