Bitcoin rebounded sharply, climbing from $80K to above $82K in 4 hours, triggering a $145 million short squeeze. The rally was driven by the US Senate’s CLARITY bill and optimism around Trump’s China summit.
Zcash surged nearly 25% to around $335 after a ceasefire announcement involving the U.S., Israel, and Iran, lifting its weekly gain to 33% and outpacing bitcoin and most major crypto assets.
Bitcoin surged to $76,120 on April 14, driving its market cap to $1.52 trillion and sparking nearly $700 million in crypto liquidations. Short sellers lost over $500M as risk appetite swept global markets, with the S&P 500 topping 7,000 and oil prices plunging on US-Iran diplomatic hopes.
Bitcoin surged to $76,120 on April 14, sending its market cap above $1.52 trillion. Over $500 million in leveraged positions were wiped out, led by short squeezes. Rumored US-Iran negotiations eased oil prices and boosted global equities, though IMF warns of lasting supply disruptions.
Based on historical halving cycles, institutional adoption, regulatory progress, and emerging narratives, 2026 is positioned for a major crypto bull run. Bitcoin could reach $150,000–$250,000.
AUD/USD rallied to 0.6920 on commodity strength and China data, but Iran geopolitical risks capped gains. The move signals risk appetite that may spill over to crypto assets, short-term bullish but volatility elevated.
China's NBS Manufacturing and Non-Manufacturing PMIs both returned above 50 in March 2025, ending months of contraction. New orders, production, and service sectors showed strong recovery. Analysts see potential positive spillover to global risk assets, including cryptocurrencies, but caution against overinterpreting single-month data.
China's NBS PMIs surged back above 50 in March 2025 after months of contraction, signaling economic stabilization. The rebound may boost global risk appetite, indirectly benefiting cryptocurrencies like Bitcoin amid improving macro conditions and liquidity expectations.
