After U.S. President Trump reached a two-week ceasefire agreement with Iran, the crypto market rebounded. Bitcoin’s price broke above $72,000, while Ethereum rose to about $2,257. Market sentiment shifted from risk aversion to risk-on. The ceasefire news triggered short covering, driving prices higher. In the short term, the outlook for crypto assets will be influenced by global liquidity and macro variables.

Biconomy and the Ethereum Foundation launch the ERC-8211 smart batch processing standard to address static limitations in smart contract execution, support dynamic parameter adjustments, and enhance the execution capabilities of AI agents and complex DeFi workflows.

The Ethereum network’s stablecoin on-chain value reaches $180 billion, accounting for 60% of the global market. Over the next four years, on-chain capital inflows are expected to reach $1.7 trillion; if Ethereum grows by 470%, there will be $850 billion in new funding before 2030. Major financial institutions have already launched tokenized funds, driving stablecoin supply to an all-time high.

In recent times, the Ethereum price has shown resilience. Its current trading price is around $2,237, and market analysis suggests it could enter a critical turning point. The derivatives market is active, with buying pressure leading; net trading volume has remained positive, which has caused institutional demand to pick back up. On the technical side, $2,000 is a key support level, and if it breaks above $2,400, it could move higher.

Gate News message: On April 8, Hyperbot data shows that Huang Licheng (Maji Big Brother) has once again opened a 10x leverage HYPE long position. His current position holds 28,888 HYPE. In addition, he has continued to make small, incremental adds to his 25x leverage Ethereum long position; his current position holds 10,925 ETH, with a liquidation price of $2066. With the crypto market rebounding, Huang Licheng’s overall position has turned from a loss to a profit, with the position value reaching approximately $25.651 million, and his unrealized gain is currently about $1.1 million.

Gate News, a message from April 8: According to monitoring by Trader T, yesterday (April 7), Ethereum spot ETFs saw net outflows of $64.61 million. Among them, Fidelity FETH had outflows of $48.21 million, and BlackRock ETHA had outflows of $16.39 million; together, they accounted for all of the total outflow. The remaining institutions had no fund flows that day.

On April 8, the crypto market broadly rebounded, driven by the U.S.-Iran ceasefire. The AI sector rose 6.61%, and Fartcoin jumped 18.88%. Bitcoin broke through $71k, while Ethereum broke through $2,200. Other sectors such as DeFi, Layer2, and more also saw gains. Overall market confidence increased.

Ethena (ENA) current price is $0.0903, up 10.81% over the past 24 hours. The protocol offers an Ethereum-based synthetic dollar solution for users, supporting “internet bonds” and a 3.5% yield. Market cap is approximately $791 million, with more than 937k users.

Gate News message: On April 7, the U.S. financial giant Charles Schwab released a research bulletin warning that even if only 1%-3% of funds are allocated to Bitcoin or Ethereum within an investment portfolio, it may significantly change the portfolio’s overall risk characteristics. The research report notes that Bitcoin and Ethereum have both historically experienced drawdowns of more than 70%, far higher than the volatility levels of stocks or bonds; therefore, even small allocations can have a noticeable impact during periods of market volatility. Charles Schwab proposed two cryptocurrency allocation approaches: one is the traditional portfolio theory method, which allocates based on expected returns, volatility, and correlation; the other is a risk-based method, which determines the share of crypto assets according to the level of risk one is willing to take, shifting the focus from returns to risk tolerance.