Bitcoin's price stabilized below $77,500 on Friday as market volatility eased, following a failed attempt to surpass the $80,000 mark earlier in the week. The cryptocurrency has been trading within a narrow range between $77,500 and $78,500 since midnight UTC. Despite this consolidation, Bitcoin's overall trend remains positive, with a series of higher highs and lows throughout April. In the derivatives market, Bitcoin futures open interest dropped over 6% to 744,300 BTC, indicating traders are closing leveraged positions as short-term bullish momentum cools. Meanwhile, Zcash (ZEC) futures saw a notable increase in open interest, rising nearly 7.5% to a 10-day high, driven by strong buying interest and a positive funding rate. Elsewhere, the CoinDesk Memecoin Index was the only benchmark to rise, gaining less than 0.2%, while DeFi tokens like Lido and Morpho led sector losses amid weak market sentiment following a recent attack on KelpDAO.