Crypto Rebounds. The Market Is Watching One Thing.
Bitcoin jumped this week as reports surfaced of a proposed 45-day ceasefire between the U.S. and Iran, including a potential reopening of the Strait of Hormuz. The news triggered an immediate risk-on response across crypto markets, with Bitcoin climbing back above the $92,000 CAD level.
Since the conflict escalated earlier this year, geopolitical risk has been one of the dominant forces keeping crypto prices suppressed. A diplomatic resolution, even a partial one, removes a significant layer of macro uncertainty that has weighed on risk assets for months.
Neither side has confirmed the terms, and volatility remains elevated. But this week’s price action is a reminder that crypto can move fast when sentiment shifts, and that being positioned ahead of a catalyst matters more than reacting after it.
RapidEX makes it simple to buy, sell, and transfer digital assets so you can act quickly when the market moves, online or in-person at 100+ Canadian locations.
Market Intelligence & Action
Weekly Snapshot (Mar 30–Apr 6, 2026)
Crypto markets bounced back this week as ceasefire reports between the U.S. and Iran sparked a broad risk-on rally. Bitcoin reclaimed the $92,000 CAD mark while Ethereum and Litecoin moved higher in tandem. Gold continued its record-breaking run as a safe-haven asset, and silver remained elevated on strong industrial and investment demand.
| Asset | Week Open (CAD) | Current Level (CAD) | 7-Day Trend |
|---|---|---|---|
| Bitcoin (BTC | $90,000 | $92,000 | +2.2% |
| Ethereum (ETH) | $2,760 | $2,860 | +3.6% |
| Litecoin (LTC) | $74 | $75 | +1.6% |
| USD Coin (USDC) | $1.38 | $1.39 | +0.7% |
| Gold (XAU/oz) | $6,270 | $6,470 | +3.2% |
| Silver (XAG.oz) | $97 | $100 | +3.1% |
This Week’s Updates
1. Macro: Ceasefire Talks Lift Risk Appetite Across Markets
Global risk sentiment improved meaningfully this week after reports emerged that mediators have presented a 45-day ceasefire proposal to both the U.S. and Iran, including a potential reopening of the Strait of Hormuz. While neither side has confirmed acceptance, the possibility of a diplomatic resolution has reduced near-term fear across equities and crypto alike. Bond yields held relatively steady, and gold showed signs of profit-taking as investors rotated back toward riskier assets.
Pro Tip: Geopolitical catalysts move fast. Having funds ready to deploy, rather than scrambling to fund an account mid-rally, is often the difference between catching a move and watching it pass.
2. Industry News: Bitcoin Reclaims Ground as Sentiment Turns
Bitcoin moved back above $92,000 CAD on Monday, rising over 2% as geopolitical tensions appeared to ease. Ethereum followed, gaining over 3.5% on the week with improving on-chain activity and recovering ETF flows. The broader crypto market responded positively, with the Fear and Greed Index beginning to climb out of extreme fear territory. Analysts note that institutional buyers who accumulated during the March pullback are now sitting on meaningful gains, reinforcing the case that periods of fear often create the best entry points.
Market Insight: Markets rarely send clear invitations. The investors who acted during last month’s uncertainty are now seeing the benefit. The next phase of the move will reward those who stay engaged rather than those waiting for certainty.
Call for an OTC quote: 1-855-820-2274
The RapidEX Knowledge Centre
What Is a Crypto Wallet and Why Do You Need One?
When you buy Bitcoin or any other cryptocurrency, one of the most important decisions you will make is where to store it. That is where a crypto wallet comes in. Despite the name, a wallet does not actually hold your coins. It holds the private keys that prove ownership and allow you to send or receive funds on the blockchain.
Custodial vs. Non-Custodial: A custodial wallet (like a custodial exchange account) means a third party holds your keys on your behalf. A non-custodial wallet means only you control your private keys, giving you full ownership and independence from any platform. RapidEX is a non-custodial exchange.
Hot vs. Cold Wallets: Hot wallets are connected to the internet and designed for convenience, making them ideal for active traders. Cold wallets store keys offline and are better suited for long-term holdings. Most investors use both.
Your Seed Phrase: When you set up a non-custodial wallet, you will receive a 12 or 24-word recovery phrase. This is the master key to your funds. Store it offline, never share it, and never enter it on any website. Anyone with this phrase can access your crypto.
Multi-Asset Support: Most modern wallets support dozens of cryptocurrencies in a single interface, allowing you to manage Bitcoin, Ethereum, Litecoin, and more all in one place without needing separate apps or accounts for each asset.
The RapidEX View: For investors getting started with self-custody, Exodus Wallet is a popular and beginner-friendly option. It supports a wide range of assets, features a clean interface, and is available on desktop and mobile. While no wallet is without risk, Exodus offers a strong balance of usability and control for those ready to take ownership of their crypto.
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