Crypto markets are weakening as Japanese inflation rises and the Iran war disrupts oil supplies. Bitcoin struggles to maintain momentum, hovering near $77,800.
Bitcoin is trading around $77,818.72, having failed to surpass Thursday's high of $78,700. The broader uptrend that began in late March appears to have stalled since Wednesday. Ether is trading at approximately $2,300, down 0.8% since midnight UTC. Japan's Corporate Service Price Index rose 3.1% year-on-year in March, exceeding forecasts and contributing to market uncertainty.