Michael Saylor reiterated his bullish view that "Bitcoin has won" as the market heads into a potentially volatile session around Monday 10:05 a.m. ET. Bitcoin is down nearly 32% from its yearly $97k high, while on-chain signals such as transaction fees falling to 2.5 BTC per day and indicators of distribution suggest BTC is still trading like a risk asset rather than fully functioning as "digital credit."

By early April, on-chain data show about 46% of Bitcoin’s supply was held at a loss, putting attention on $60,000 as a key behavioral threshold. The article argues that a return toward $60,000 could deepen the share of underwater holders and test whether investors keep holding or begin selling. As of 3:27 pm UTC on Apr. 3, 2026, Bitcoin traded at $66,811.21 with a $1.34 trillion market cap and $30.11 billion in 24-hour volume.

Santiment said bearish discussion about Bitcoin on social media has risen to its highest level since late February, a setup it argues can precede a price rebound. On Saturday, the bullish-to-bearish comment ratio was 0.81, and Bitcoin traded around $67,100 at publication time after falling 5.53% over the past 30 days. The Crypto Fear & Greed Index remained in "Extreme Fear", with a score of 12 on Sunday.

Charles Schwab has launched a waitlist for "Schwab Crypto," a new account designed to let clients buy and sell bitcoin and ether directly, with a first-half 2026 target for launch. CEO Rick Wurster has said the rollout is expected to begin with a limited release in Q2 before expanding, while the product will not be available in New York and Louisiana at the start. Fees and custody details have not been disclosed, and the bank says crypto transfers in or out will not be supported at launch.

Bitcoin’s mining difficulty increased by 3.87% at block height 943488, reversing a 7.76% decline from the prior epoch. The network hashrate has dropped to 961.55 EH/s—down 60.45 EH/s from a March 28 peak of 1,022 EH/s—while estimates suggest the next adjustment around April 19, 2026 could reduce difficulty by about 14.27%. Miner economics remain pressured with a $30.67 PH/s hashprice and fees at 0.56% of the block reward.

Bitcoin’s retail participation appears to be fading, with “shrimp” (under 1 BTC) inflows dropping to record lows and keeping confidence around a $65k local bottom uncertain. Meanwhile, memecoin engagement remains muted, including a sharp fall in Solana active wallets from over 30 million at its mid-2025 peak to below 5 million. Against that backdrop, heavy institutional activity—led by BlackRock’s IBIT ETF trading $16-18 billion daily—supports a “buy the fear” setup that could underpin BTC if risk sentiment turns.

Bitcoin hovered around $67,000 on Saturday afternoon as U.S.-Iran tensions intensified following President Donald Trump's April 4, 2026 post giving Iran 48 hours to reopen the Strait of Hormuz. The wider backdrop included Operation Epic Fury, which U.S. forces say has hit more than 9,000 targets since Feb. 28, 2026, alongside oil prices rising above $100 to $110 a barrel. BTC briefly dipped below $68,000 before returning to the $67,000 area, after earlier sliding toward a 2026 low near $65,834 and then rebounding.

Bitcoin traded at $66,845 at the time of writing, up 0.42% over the past 24 hours, while price action stayed range-bound. On-chain and flow metrics suggest weaker demand as exchange withdrawals hit 908 addresses and large-holder accumulation appears to stall. In derivatives, funding was slightly positive at 0.0037% but Open Interest slipped 0.87% to $46.14 billion, pointing to cautious positioning.