Bitcoin hovered around $68,780 on Tuesday as U.S. spot bitcoin ETFs recorded their strongest single-day inflows in over a month, signaling renewed institutional appetite despite the cryptocurrencys persistent struggle to break above the $70,000 resistance level. According to SoSoValue data, spot bitcoin ETFs collectively attracted $471 million on April 6 the largest daily inflow since February 25 and the sixth-highest daily total recorded this year.
Anthropic has announced a landmark partnership with Google and Broadcom to secure multiple gigawatts of next-generation TPU compute capacity, with deployment expected to begin in 2027. The deal marks the companys largest infrastructure commitment yet, as its annualized revenue surged to $30 billion up from $9 billion at the close of 2025.
Bitcoin retreated to $68,589 during Asian trading hours Tuesday after a brief ceasefire-driven rally lost momentum, leaving crypto markets on edge ahead of a critical geopolitical deadline. The leading cryptocurrency slipped 0.6% over 24 hours after briefly touching $69,350 Monday, when reports of a potential 45-day ceasefire sparked a short-lived surge past $69,000 optimism that evaporated within half a day.
The leading cryptocurrency fell back to $68,589 during Tuesday's Asian session after optimism surrounding a potential diplomatic breakthrough quickly dissipated. The reversal coincided with President Trump's establishment of a Tuesday evening cutoff time for Iran to agree to peace terms or confront military action.
Market strategists are closely watching the bitcoin price as a prolonged trading range shows signs of reaching a pivotal moment in the coming weeks. On Monday, Bitcoin jumped about 5% from Sunday lows, reaching a key area for the first time in April. Over the past two months, the leading cryptocurrency has traded between $62,000–$74,000, yet it has not revisited the upper end of this range since late March.
Bitcoin (BTC) options positioning remained skewed toward calls on Monday, but the market's freshest activity clustered around a $75,000 strike—an indication that short-term flows are concentrating around a key upside level even as traders continue to hedge near-term volatility. As of Monday at 00:00 UTC, data compiled by Coinglass showed total Bitcoin options 'open interest' (OI) at $31.15 billion, up 1.7% from $30.63 billion a day earlier.
Crypto ETF flows turned decisively positive on April 6, with capital returning across major products after a volatile end to March.
Jack Dorsey's Block has launched a Bitcoin faucet campaign at btc.day, reportedly distributing up to $1 million in BTC rewards over five days through its ecosystem products Cash App, Square, and Bitkey. The initiative, which runs April 6-10, 2026, revives a concept from Bitcoin's earliest days, though this modern version ties rewards to product engagement rather than simple giveaways.
US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded $471.32 million in net inflows on April 6, their strongest single day since February 25.
The return in inflows reflects renewed confidence among institutional participants in the crypto market, analysts said.
As Bitcoin (BTC) attempts to reclaim a key resistance area, an analyst has suggested that the end of BTC's two-month consolidation could be weeks away, potentially opening “generational opportunities” before the next bull run. Related Reading: Here's Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week Bitcoin Consolidation's End May Be Weeks Away On Monday, Bitcoin jumped 5% from Sunday's lows to a key area for the first time in April.
Bitcoin surged beyond the $69,000 threshold on Monday, registering a 3% increase over a 24-hour span, driven by geopolitical developments concerning the Strait of Hormuz and renewed institutional appetite through exchange-traded funds.