Bitcoin's Rally Takes a Backseat as Ether Emerges as the Real Star.

Bitcoin's value dropped 2% in the past 24 hours to below $27,800 ahead of the release of the US jobs report for March on Friday. Meanwhile, the Australian Securities and Investments Commission has cancelled Binance Australia's derivatives license and ordered the exchange to close all of its customers’ open derivatives positions by April 21. Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi due to rumors of ties to mainland China.