Bitcoin trades at $77,640, down 0.33%. Altcoins follow suit, except for Dogecoin and XRP, which are on an uptrend today.
US orders attacks on Iranian mine-laying boats, while Iran seizes ships. The escalation pushed Brent crude oil prices to $106.
Aave launches a rescue plan after a $190 million KelpDAO exploit, raising fresh concerns around DeFi collateral risks.
Crypto prices today are holding steady, with Bitcoin maintaining its three-day momentum in the price range of $77,000-$78,000. Although investor sentiment remains cautious as the US-Iran conflict worsens and oil prices surge. Most top coins are in the red zone with minor corrections of 0.3% to 1.8%.
Traders are also weighing the effects of the KelpDAO hack, Aave’s rescue plan and Morgan Stanley’s Stablecoin Reserves Portfolio. Adding to the unease are emerging reports of insider trading involving a U.S. soldier. The total crypto market cap is down by 0.23% at $2.59 trillion at press time.
Here is the latest crypto news and price movements, based on CoinMarketCap data.
Bitcoin price is down 0.33% in the last 24 hours at $77,640.81. Its market cap is over $1.55 trillion, with $37.7 billion in trading volume. BTC’s relative strength compared to altcoins is one of the few bullish signals in today's market. Everything else, volume, sentiment, and altcoin performance, points to a cautious market waiting for a clear catalyst.
Akshat Siddhant, Lead quant analyst, Mudrex, noted, “Spot Bitcoin ETFs added over $335 million, extending a seven-day streak of net inflows. At the same time, Bitcoin exchange reserves are near all-time lows. This scarcity amplifies buying pressure while indicating that the intent to sell is on the lower end. For now, a decisive weekly close above $80,000 could confirm a breakout, with support remaining at $77,000.”
CoinSwitch Markets Desk added, “BTC moved close to the $80,000 mark before easing back below $79,000, with ongoing US-Iran developments continuing to drive short-term moves. The recent ~12% monthly rise toward $79,000 shows momentum, although much of the move has been supported by activity in futures markets rather than steady spot buying.”
Here is a table showing how the world’s top coins performed over the last 24 hours:
| Name | Price | 24h % | Market Cap | Volume (24h) |
|---|---|---|---|---|
| Bitcoin | $77,640.81 | -0.33% | $1,554,366,192,325 | $37,713,105,535 |
| Ethereum | $2,304.97 | -1.77% | $278,185,826,509 | $17,594,680,785 |
| Tether | $1.00 | 0.02% | $189,732,834,285 | $126,868,820,712 |
| XRP | $1.42 | 0.73% | $87,948,194,538 | $2,417,112,529 |
| BNB | $633.05 | -0.51% | $85,327,624,457 | $1,494,545,013 |
| USDC | $0.9999 | 0.02% | $78,050,944,307 | $60,017,895,767 |
| Solana | $85.49 | -0.42% | $49,223,019,106 | $4,372,593,836 |
| TRON | $0.3279 | -0.43% | $31,087,048,193 | $756,465,187 |
| Dogecoin | $0.09707 | 1.31% | $14,944,736,696 | $1,446,906,625 |
| Hyperliquid | $40.97 | -0.12% | $10,454,386,803 | $230,819,633 |
Biggest Losers: Ethereum, Solana, BNB, TRON
Biggest Gainers: Dogecoin, XRP
Talking about the Ethereum price movement, Riya Sehgal, Research Analyst, Delta Exchange, said, “Ethereum lags, facing resistance near $2,400 despite steady ETF inflows. Weak on-chain activity and a low futures premium reflect limited conviction, suggesting flows alone are not driving a move toward $3,000.”
Also Read: Is Ethereum Turning Bullish After a Year-Long SuperTrend Flip?
Here are the top global cues impacting crypto prices today.
The US-Iran standoff has taken a sharp turn. President Trump has ordered the US military to ‘shoot and kill’ any Iranian boats caught laying mines in the Strait of Hormuz. Meanwhile, the US has also boarded another tanker that was smuggling Iranian oil.
Iran, in turn, attacked three commercial ships and seized two of them. The country called the US naval blockade a ‘main obstacle’ to peace talks. For crypto, an extended conflict raises inflation fears, reduces hopes for Fed rate cuts, and pushes traders toward safe havens.
COMEX crude oil is up around 0.80% at $96.63 per barrel. Brent crude has climbed 0.85% to around $106 per barrel. Higher oil prices feed directly into inflation. Traders should watch oil closely: if it pushes past $110, expect further pressure on the crypto market.
Aave has launched a rescue effort called ‘DeFi United,’ with Lido, EtherFi, and others pledging thousands of ETH to cover losses. The protocol was hit by the KelpDAO exploit. The attacker minted 116,500 unbacked rsETH tokens and used roughly 90,000 of them to borrow around $190 million in assets.
Arbitrum's security council also froze over 30,000 ETH linked to the attacker. This news is weighing on ETH and DeFi sentiment today. It is raising fears about collateral risks across the ecosystem.
Morgan Stanley Investment Management, which oversees $1.9 trillion in assets, launched the Stablecoin Reserves Portfolio (MSNXX). It is a government money market fund built specifically for stablecoin issuers to park their reserve assets in line with the GENIUS Act. This is a big institutional bridge between traditional finance and the crypto world. It signals that stablecoins are quickly becoming a permanent fixture in the broader financial system.
An Army soldier has been charged with allegedly using classified information about a US military mission involving Venezuela's Nicolás Maduro. He allegedly made $409,000 in profits on the Polygon-based prediction market Polymarket.
This comes as Polymarket already faces scrutiny after blockchain analysts found suspected insider accounts profiting from US strikes on Iran. The case puts crypto-native prediction markets in the crosshairs of US regulators and law enforcement.
Starting April 24, Belarus is allowing ‘crypto banks’ to operate, supporting 26 digital assets, including Bitcoin, Ethereum, TON, and Solana. These institutions will offer deposits, loans, staking, and trading. This kind of state-level integration adds legitimacy to the broader crypto market and could attract new capital and users over time.
Charles Schwab, which manages $11.9 trillion in client assets and has 38.5 million active brokerage accounts, has started rolling out direct spot Bitcoin and Ether trading on its platform.
Trades are handled by Paxos, and custody sits with Schwab Premier Bank, with a 0.75% fee per trade. This is a huge step for mainstream crypto adoption. It adds long-term buying demand for BTC and ETH.
Tether froze approximately 344 million USDT across two addresses on the Tron network on April 23. No reason has been given publicly. While the move shows Tether's power to act unilaterally, it also raises questions about centralisation in the stablecoin space. The news may keep some traders cautious about USDT-based exposure on Tron.
On the other side, Tether minted another $1 billion USDT on Ethereum. Thus, bringing the total new issuance over five days to $3 billion. USDT minting is typically a signal that fresh capital is entering the crypto market, which could support prices in the near term.
Also Read: Best Crypto Trading Platforms in Singapore: 2026 Guide
Crypto prices today show short-term caution and long-term bullish signals. Avinash Shekhar, Co-founder and CEO, Pi42, explained, “For investors, this phase represents a balance between optimism and caution. While the broader trend remains bullish, the proximity to key resistance levels means markets could see brief consolidation. However, as long as Bitcoin sustains above the $76,000-$77,000 range, the overall structure continues to support a potential breakout toward higher levels.”
Bitcoin holding above $77,000 is encouraging, but the market needs a clear trigger. Traders should watch for a Fed rate cut signal, further institutional buying, or resolution of the KelpDAO fallout. The next few weeks will be telling.
1. What is the latest crypto news?
The latest crypto news highlights a mix of market stability and rising uncertainty. Bitcoin is holding steady near $77,600, while most altcoins are seeing small declines. At the same time, global events like the US-Iran conflict and rising oil prices are affecting investor sentiment. On the crypto side, the KelpDAO hack and Aave’s rescue plan are raising concerns about DeFi safety. Meanwhile, large institutions like Morgan Stanley and Charles Schwab are expanding into crypto, which supports long-term growth.
2. What is Bitcoin price today?
Bitcoin is currently trading at around $77,640, showing a small drop of about 0.33% in the last 24 hours. Despite this minor decline, it is still holding within the $77,000 to $78,000 range, which is seen as a strong support zone. Its market cap remains above $1.55 trillion, and trading volume is steady. Analysts believe that if Bitcoin crosses $80,000 and closes above it, the market could see a strong upward move.
3. Why is the crypto market going down?
The crypto market is slightly down due to a mix of global and internal factors. Rising tensions between the US and Iran are increasing uncertainty and pushing investors toward safer assets. At the same time, oil prices crossing $100 are raising inflation concerns, which reduces hopes for interest rate cuts. Within crypto, events like the KelpDAO hack have shaken confidence in DeFi platforms. All these factors together are causing short-term caution among traders.
4. Will Aave recover from the KelpDAO attack?
Aave has already taken steps to recover from the KelpDAO exploit by launching a rescue plan called ‘DeFi United.’ Major players like Lido and EtherFi are contributing funds to cover losses, which shows strong support from the ecosystem. Also, part of the stolen funds has been frozen, limiting further damage. While recovery may take time, these actions suggest that Aave has a solid chance to rebuild trust and stabilize its platform.
5. What is the new Morgan Stanley stablecoin fund about?
Morgan Stanley has launched a new money market fund designed specifically for stablecoin issuers. This fund allows them to safely store their reserve assets while meeting regulatory requirements. It is built in line with upcoming rules like the GENIUS Act. This move is important because it connects traditional finance with crypto, making stablecoins more reliable and accepted. Over time, this could help bring more institutional money into the crypto market.