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et_marketsabout 6 hours ago
BULLISH(90%)
hold
Published on the original source: 1 Apr 2026, 12:45 PM IST

Bitcoin nears $68K on easing Iran tensions, focus shifts to US jobs data on April 3

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AI Analysis

The broad market is reacting positively to reduced geopolitical risks and global sentiment. This is leading to significant upward movement in benchmark indices like Sensex and Nifty.

Trading Insight

Maintain a bullish bias on Indian indices, looking for opportunities in large-cap stocks and index-tracking instruments, with a stop-loss below key support levels.
Quick check: NIFTY neutral, SENSEX neutral.

Key Evidence

  • Bitcoin traded near $68,000 on easing geopolitical tensions.
  • Ethereum saw a 3% rise.
  • Market sentiment remains cautious, awaiting the March Jobs Report.
  • US jobs report could influence rate cut expectations and Bitcoin's trajectory.
  • Sensex jumped over 1,700-1,800 points in early trade due to easing Iran tensions.
Sectors:broad_market

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