Gate News news. On April 6, Bitcoin rose to $69,350 briefly in the morning on Monday, setting a new intraday high. On the news front, media reports say the U.S., Iran, and regional mediators are discussing a framework for a 45-day ceasefire agreement. In the derivatives market, the crypto market has formed a short squeeze, while both implied and realized volatility remain at low levels. The situation in the Strait of Hormuz is still the key variable.

The United States will provide a $40 billion reinsurance commitment for vessels transiting the Strait of Hormuz, and will introduce new insurance partners to boost confidence in maritime trade. The DFC will work with multiple insurance companies to jointly determine which vessels qualify for reinsurance.

From 2026-04-02 14:30 to 14:45 (UTC), the ETH price surged rapidly, with a return of +1.52%. The price range was 2038.01 to 2071.65 USDT, and the amplitude reached 1.65%. During this period, market attention noticeably increased, capital flows accelerated, and short-term volatility intensified. The main drivers behind this unusual market move are a significant rise in on-chain activity and the innovative effects across the DeFi and NFT ecosystems. Data shows that the number of active Ethereum addresses jumped from 380,000 to 840,000, an increase of as much as 121%. In the same period, the average daily trading volume rose from 1 million to 2.5 million USDT.

The Middle East war has led to a sluggish market, which could weaken the size of SpaceX’s initial public offering (IPO). Analysts noted that a weak market would limit valuations, even though SpaceX is expected to list in July, with Musk counting on retail investors to boost demand.

Solana has officially integrated SUI tokens, launched new trading pairs, simplified cross-chain operations, and improved liquidity and trading efficiency, bringing new opportunities to the DeFi ecosystem. This integration helps execute large orders, attracts more users and developers, and drives growth in the crypto market.

As global uncertainty increases, Taiwan is considering establishing a Bitcoin reserve to strengthen financial resilience, ensure autonomy, and hedge geopolitical risks. Despite facing price volatility and regulatory challenges, successful implementation would boost demand for Bitcoin and provide a reference for other countries.

After the Lido DAO LDO token price hit a historic low, it once again began discussing a token buyback plan, proposing to use up to $20 million for repurchases to ease concerns about the governance token’s value. The proposal received community support, reflecting members’ desire to stabilize the market and boost confidence, but the long-term outlook for the LDO price still depends on the governance model and the recovery of Ethereum staking participation.

Tokyo-listed company Metaplanet successfully raised $255 million and plans to increase its Bitcoin holdings to 100,000 BTC. By financing through issuing preferred shares and warrants, Metaplanet aims to reduce financial risk and demonstrate confidence in Bitcoin’s long-term value. As the corporate Bitcoin-holding trend accelerates, it is expected to boost market activity and drive up the Bitcoin price in the future.

From 06:00 to 06:15 (UTC) on April 1, 2026, the ETH price rose 0.72% within the short term. The range fluctuated between 2122.69 and 2143.2 USDT, with an amplitude of 0.97%. Trading volume in the market also expanded in tandem, significantly higher than the average for the previous hour. Increased on-chain activity has drawn industry attention, and short-term volatility has clearly risen. The main driving force behind this anomaly is that the outflow rate of ETH Spot ETF funds has noticeably slowed. According to authoritative on-chain data, the related ETFs’ net outflow decreased from -210.19 ETH in the previous period to -120.45 ETH.