ZBT registered a weekly trading range of $0.0735 to $0.1079. Liquidity conditions remained robust throughout the week, with the average top-of-book bid-ask spread consistently maintained at an exceptionally tight 0.45%.
The order book exhibited persistently narrow spreads, underscoring strong market depth and efficient price discovery.
Crypto market saw moderated volatility this week after the prior period’s heavy deleveraging.
Total Open Interest hovered around $104–106B with a slight weekly contraction of ~1–2%, while 24h liquidations remained elevated but less extreme, frequently ranging between $200M–$300M.
Funding rates stayed mixed-to-neutral on major pairs like BTC/USDT, signaling a pause in the previous bearish bias.The market showed tentative signs of stabilization after last week’s selloff.
Total crypto market capitalization recovered modestly into the $2.35T–$2.44T range. Bitcoin bounced from around $66,700 early in the week to trade above $69,000 by Sunday — posting roughly a 3–4% gain from its weekly low (with an intraday high near $70,200).
ETH mirrored the move, rising from approximately $2,023 to hover near $2,100–$2,150.
Geopolitical tensions in the Middle East and persistent sticky inflation data continued to weigh on risk assets.
Hawkish Fed signals, elevated oil prices, and cautious PCE/consumer sentiment releases kept macro sentiment guarded, with the Crypto Fear & Greed Index remaining deep in Extreme Fear territory (mostly 9–14).
On the brighter side, regulatory clarity from prior weeks continued to provide underlying support, while Bitcoin spot ETFs recorded mixed but overall modestly positive flows in the first days of April (following March’s strong $1.32B monthly inflow — the first positive month of 2026).
Ether ETFs also showed relatively steady performance.
Overall, the week reflected a cautious recovery attempt amid ongoing deleveraging signals and persistent Extreme Fear sentiment.
Classic risk-off rotation persists, but technical stabilization and steady institutional flows offer some medium-term encouragement.

