On Friday (April 5), [BTC](https://www.fxempire.com/crypto/bitcoin) declined by 0.95%.Partially reversing a 3.80% rally from Thursday, BTC ended the day at $67,921.Uncertainty about the [US Jobs Report](https://www.fxempire.com/news/article/us-non-farm-payrolls-leap-303k-jobs-added-signaling-economic-fortitude-1421369) and its likely impact on the BTC-spot ETF affected buyer demand for BTC.BTC slid to a Friday session low of $66,022 in response to the hotter-than-expected US Jobs Report.Nonfarm payrolls surged 303k in March after increasing by 270k in February.The US unemployment rate fell from 3.9% to 3.8%.However, average hourly earnings rose by 4.1% year-on-year compared with 4.3% in February.Softer wage growth figures drove demand for riskier assets.
On Friday, the [Nasdaq](https://www.fxempire.com/indices/tech100-usd) Composite Index gained 1.24%, supporting a BTC recovery from sub-$67,000.On Friday, April 5, the BTC-spot ETF market saw total net inflows for the fourth session.According to Farside Investors, BTC-spot ETF market net inflows fall from $213.4 million (April 4) to $203.0 million (April 5).iShares Bitcoin Trust ensured the BTC-spot ETF market ended the week positively.
Notable flow data for Friday, April 5, included, The surge in IBIT net inflows coincided with news of prominent Wall Street names entering the BTC-spot ETF market fray.According to an April 4 [Form S-1 post-effective amendment](https://www.sec.gov/Archives/edgar/data/1980994/000143774924011116/bit20240314_posam.htm), entities under Goldman Sachs ( [GS](https://www.fxempire.com/stocks/gs)), Citigroup ( [C](https://www.fxempire.com/stocks/c)), UBS ( [UBS](https://www.fxempire.com/stocks/ubs)), Citadel ( [CTL](https://www.fxempire.com/crypto/citadel)), and ABN AMRO became authorized participants.A willingness to associate with the BTC-spot ETF market and BTC was another step in the evolution of the US crypto market.
[BTC](https://www.fxempire.com/crypto/bitcoin) hovered above the 50-day and 200-day [EMAs](https://www.fxempire.com/education/article/the-complete-guide-to-trend-following-indicators-708117), affirming the bullish price signals.A BTC breakout from the $69,000 resistance level would give the bulls a run at the March 14 ATH of $73,808.On Saturday, investor reaction to the BTC-spot ETF market flow data and views about the Fed rate path need consideration.Conversely, a BTC break below the $67,000 handle would bring the $64,000 support level into play.With a 14-Daily RSI reading of 51.99, BTC could return to the all-time high of $73,808 before entering overbought territory.
[ETH](https://www.fxempire.com/crypto/ethereum) remained below the 50-day EMA but held above the 200-day EMA.The EMAs confirmed the bearish near-term but bullish longer-term price trends.A break above the 50-day EMA would support a move to the $3,480 resistance level.A breakout from the $3,480 resistance level could give the bulls a run at the $3,650 handle.
Conversely, an ETH break below the $3,244 support level could give the bears a run at the $3,033 support level.The 14-period Daily RSI reading of 44.87 indicates an ETH fall to the $3,033 support level before entering oversold territory.With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions.Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities..
