Sygnum Bank CIO Fabian Dori said shifting Iran-related war odds on Polymarket and Kalshi are increasingly used by professional crypto desks as real-time gauges of geopolitical risk. He pointed to odds moving alongside President Donald Trump's Sunday messages about threats and possible talks, followed by Bitcoin rising more than 3.5% on Monday. Dori added that institutional adoption and larger flows are bringing both mainstream integration and new integrity questions.

The crypto market flipped broadly positive, with total capitalization rising from $2.27 trillion to $2.37 trillion in the past 24 hours, a $100 billion increase. Bitcoin traded around $69,090 (+3.32%) while Ethereum climbed to about $2,134 (+4.75%), alongside gains in XRP and BNB. A wave of liquidations—$273.8 million over 24 hours—skewed toward shorts and helped fuel the rebound.

Navigate a high-stakes week of inflation data and central bank transparency with our breakdown of the top 5 market triggers. From the Federal Reserve’s March minutes to a massive $281M token unlock for Rain Protocol, discover how these events will shape the trajectory of Bitcoin, the U.S. Dollar, and high-beta altcoins amid persistent Middle East energy risks.

Crypto prices were higher on Monday after a quiet stretch, with Bitcoin near $69,137 (+3% in 24 hours), Ethereum around $2,131 (nearly +4%), and XRP close to $1.33 (about +2%). The move followed reports of U.S.-Iran discussions around a 45-day ceasefire framework, alongside signs of continued institutional demand and a week of upcoming macro catalysts.

Crypto prices rose as US President Donald Trump issued mixed messages on Iran and the Strait of Hormuz, including a new deadline he suggested runs until Tuesday. Total crypto market capitalization increased about $70 billion to $2.44 trillion, while Bitcoin briefly reached $69,500 on Coinbase. The move triggered roughly $255 million in liquidations over 24 hours, with 73% tied to short positions.

Rwanda's central bank warned on Sunday that crypto payments and FRW conversions are not permitted under the current framework, after Bybit added the Rwandan franc to its P2P trading options on Friday. The bank said FRW is the country's only legal tender and told the public to avoid crypto due to financial risks and limited recourse for losses.

An Apr. 5 edition of The Block's "The Funding" newsletter says discounts in crypto token secondary markets have generally increased in recent years, based on OFFX data. Average discounts shifted from about 38% in late 2023 to roughly 45–50% in 2024–2025, while the deal range widened and 90%+ discounts appeared for the first time in late 2025.

Japan’s Financial Services Agency (FSA) data shows that, as of April 5, 28 domestic crypto exchange service providers are registered and more than 100 unique tokens are listed across those platforms. The registry was last updated on Feb. 28 and records about 520 total token listings when duplicates across exchanges are counted.