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Bitcoin climbed 2.25% to $75,893, supported by nearly $1 billion in ETF inflows and massive accumulation by Strategy.
Ethereum is holding above $2,200 and forming higher lows, but repeated rejection near $2,400 shows the market is still in a transition phase.
The $293 million Kelp DAO hack and its dispute with LayerZero have raised concerns over DeFi infrastructure reliability
Crypto prices today show a cautious but resilient mood. Bitcoin is back above the $75,000 mark, and most top coins are trading in the green zone. The global market cap is up 2.02% at $ 2.55 trillion at press time. An active US-Iran war, oil prices surge, a major DeFi hack, and fresh signals from the US Federal Reserve are driving investor sentiments.
Here is everything you need to know about the latest price movements and crypto news, based on CoinMarketCap data.
Bitcoin price is up 2.25% in 24 hours at $75,893. It has a market cap of over $1.51 trillion and a trading volume of $37.9 billion. CoinSwitch Markets Desk noted, “US stock markets took a pause after their recent rally, as rising oil prices and fresh concerns around Iran-US tensions made investors a bit cautious. In the short term, if Bitcoin holds above $76,000, it could try moving toward $77,000-$78,000. However, if it slips below, a short-term dip is possible before the next move.”
Avinash Shekhar, Co-founder and CEO, Pi42, added, “Institutional participation remains strong, with US spot Bitcoin ETFs seeing net inflows of $996 million, led by BlackRock’s IBIT. Total ETF assets have now crossed $100 billion. At the same time, Strategy purchased 34,164 BTC, valued at approximately $2.54 billion, marking one of the largest recent accumulations. This continued institutional buying is reinforcing demand and supporting prices during volatility.”
Here is a table showcasing how the world’s top cryptocurrencies performed over the last 24 hours.
Biggest Gainers: Bitcoin, Ethereum, BNB, XRP, Solana
Sole Loser: TRON
Harish Vatnani, Head of Trade at ZebPay, discussed Ethereum price movements in today’s crypto trade report. He stated, “The price has managed to stay above the key $2,200 level and is forming higher lows, which is positive, but it continues to face rejection around the $2,400 zone, showing that buyers are not strong enough yet. ETH is in a transition phase, improving, but still not fully bullish and needs a strong breakout above $2,400 to confirm further upside, otherwise it may continue to move sideways or pull back.”
WazirX Market's Desk commented, “Tether took an 8.2% stake in Antalpha, a Bitcoin-backed lender tied to the Bitmain ecosystem. This move would channel stablecoin profits into Bitcoin mining finance and equipment lending, supporting long-term network infrastructure and hash rate growth.”
Also Read: Bitcoin Decouples from Nasdaq: Why It Matters Today
Here are the top headlines impacting crypto prices today.
The US and Iran are in an active conflict, with a ceasefire deadline set for April 22.
President Trump said publicly that recovering Iran's uranium ‘will be a long and difficult process’, adding uncertainty around how deep the conflict goes. He also confirmed the US blockade on Iranian ports stays in place until a deal is signed, claiming Iran is losing $500 million a day.
Although peace talks involving the US, Iran, and Pakistan are in progress. Oil prices have actually dipped on hopes of a deal. Brent crude fell to $94.53 and WTI to $88.07. For crypto, easing oil prices reduce global inflation fears, which is mildly positive for risk assets like Bitcoin and altcoins. If the war escalates past the deadline, expect fresh volatility in crypto prices.
Fed Chair nominee Kevin Warsh has pledged to keep the Federal Reserve independent from political influence on interest rate decisions. This matters for crypto because rate policy directly shapes risk appetite. A genuinely independent Fed that sticks to data-driven decisions reduces fears of sudden rate hikes. The move is generally supportive for Bitcoin and crypto markets.
Following the $290 million rsETH exploit, Kelp DAO is now pushing back hard against LayerZero's explanation of what went wrong. Kelp says the compromised verifier was LayerZero's own infrastructure, not a third-party setup. It also added that the single-verifier configuration LayerZero is calling ‘non-standard’ is actually LayerZero's own default, used by roughly 40% of its protocols.
Kelp also says LayerZero never warned them to change it, despite being in direct contact since July 2024. LayerZero has since announced it will stop signing messages for any app running a single-verifier setup, forcing a migration across all affected protocols. Curve Finance, Ethena, and BitGo have all paused rsETH and LayerZero usage.
The dispute raises broader questions about accountability in DeFi infrastructure, and could hurt confidence in LayerZero-powered bridges across the ecosystem. It may further impact ETH and related tokens.
Strategy (formerly MicroStrategy) has now become the world's largest Bitcoin holder, surpassing the BlackRock iShares Bitcoin Trust ETF (IBIT). As of April 20, Strategy holds 815,061 BTC, bought at an average price of $75,527, totalling roughly $61.56 billion. The company’s BTC Yield since the start of the year has already reached 9.5%.
Also Read: Best Cryptocurrency Trading Platforms in US for 2026
Crypto prices today reflected contradictory market sentiments. On one hand, there are positive institutional signals like Strategy's record Bitcoin holdings and a stable Fed. On the other hand, risks from the US-Iran conflict and the Aave/Kelp DAO DeFi hack continue to make investors wary.
The Co-founder and CEO of Pi42 noted, “For investors, this phase reflects a market where dips are increasingly being absorbed by strong buyers, indicating confidence in the broader trend. Rather than signalling weakness, the current consolidation near highs suggests positioning for the next leg higher, supported by both institutional flows and improving market structure.”
1. What is the latest crypto news?
The latest crypto news shows that the market is stable but cautious. Bitcoin is trading above $75,000, and most major coins are in the green. Strong institutional buying is supporting prices, especially through ETF inflows and large purchases by companies. At the same time, global tensions between the US and Iran and a major DeFi exploit are keeping investors alert and careful.
2. How is Bitcoin performing today?
Bitcoin is performing well today, with a gain of about 2.25% and trading at $75,893. It is holding above an important level, which shows strength in the market. Institutional investors are still buying heavily, which supports the price. However, analysts say Bitcoin needs to stay above $76,000 to continue rising, or it may see a short-term dip before moving higher again.
3. Why is the crypto market up today?
The crypto market is up today mainly because of strong institutional demand and improving global signals. ETF inflows are bringing in large amounts of money, and companies are buying Bitcoin in bulk. Oil prices have also eased slightly, which reduces inflation pressure. Even though there are risks like war tensions and a DeFi hack, buyers are supporting the market at lower levels.
4. What is Kevin Warsh's independent Fed policy?
Kevin Warsh has said that the Federal Reserve should stay independent and not be influenced by politics. This means decisions about interest rates will be based on economic data. For crypto markets, this is important because stable and predictable policies help investors feel more confident. It reduces the chance of sudden rate changes that could negatively impact Bitcoin and other digital assets.
5. Are there any updates on the KelpDAO hack?
Yes, there are new updates on the Kelp DAO hack. The exploit involved about $293 million and has now led to a dispute with LayerZero. Kelp DAO claims the issue came from LayerZero’s system, while LayerZero has changed its rules to prevent similar setups. Some platforms have paused their services related to this system, which shows that the issue is still affecting the wider DeFi market.
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