Crypto Daily Brief – April 11, 2026

April 11, 202630Market SentimentStrongly bearish11 cryptocurrencies analyzedToday, the cryptocurrency market is exhibiting a strongly bearish sentiment, with an overall score of 30.3 out of 100 across 11 cryptocurrencies. Despite this prevailing negativity, certain coins are showing resilience. DASH leads the bullish charge with a sentiment score of 78, buoyed by a confirmed long position that indicates a potential breakout. Ethereum and Bitcoin also show positive signs, scoring 75 and 56, respectively, following optimistic forecasts from investment bank TD Cowen, which predicts Bitcoin could reach $140,000 this year.One of the most impactful developments is the announcement from the CEO of Abra, who revealed plans to purchase up to $150 million in Bitcoin, which could significantly influence market dynamics. Additionally, Japan's recent approval of a bill recognizing Bitcoin and crypto as financial assets marks another step toward mainstream adoption, further fueling bullish sentiment around Bitcoin and its associated projects.In contrast, the bearish sentiment is largely driven by negative news surrounding the Trump memecoin gala, which has led to significant retail losses…