President Trump's indefinite extension of the Iran ceasefire on April 22 triggered a sharp crypto rally. Bitcoin (BTC) hit $79,204, an 11-week high, gaining 4.3% in 24 hours and 7% weekly. Global crypto funds saw $1.4 billion in inflows last week, pushing total market cap above $2.5 trillion, per Bloomberg.
Ceasefire Extension Clears Macro Overhang, Bitcoin Shorts Liquidated Over $320M
Trump ended a two-week suspense by extending the ceasefire indefinitely, erasing all losses since April 20. Bitcoin's market cap returned above $1.56 trillion. Per CoinMarketCap, BTC traded at $79,204, briefly peaking there, forcing $320 million in short liquidations. Whale wallets bought 270,000 BTC over 30 days of extreme fear as exchange reserves hit a 7-year low. Analysts see $80,000 as the next target and $100,000 within reach.
Cardano Whale Addresses Hit 4-Month High, Spot ETF Filings Swarm
Cardano (ADA) trades at $0.25. Santiment data shows 424 whale addresses holding over 10 million ADA each, the highest since early 2026. Open interest jumped 13.36% to $91.8 million on April 20 ahead of a potential breakout above $0.30. Grayscale, 21Shares, VanEck, and Canary Capital have filed spot ADA ETF applications. A move from $0.25 to $0.40 would require 60% gains, a slower grind compared to presale dynamics.
Pepeto Presale Tops $9.29M, Zero-Fee Exchange Goes Live
In the presale space, Pepeto has raised over $9.29 million at $0.0000001866 per token, offering 179% APY staking. The project launched PepetoSwap, a zero-fee decentralized exchange, plus a cross-chain bridge supporting Ethereum, BNB Chain, and Solana, and an AI contract scanner. SolidProof audited all modules. The team includes a Pepe co-founder and a former Binance executive. Binance listing is confirmed; analysts project 100x to 300x from current entry to the listing debut.
Bitwise targets a new all-time high for Bitcoin by year-end, while Standard Chartered models $150,000. Meanwhile, Pepeto aims to lock in early positions before the public market opens, with the team warning that once the Binance candle starts, the presale price disappears.