CoinDesk reported:
“The recent bull rally in U.S. stocks should have positive spillover effects for crypto as well, especially since we are now entering the month of April, which has been strong for U.S. stocks (S&P 500 +2.6%, Nasdaq +2.9%), [b]itcoin +17%, and [ether] +46%,” Markus Thielen, head of research and strategy at Matrixport, said.