Bitcoin is up 13.6% in April — its strongest monthly performance in a year — snapping a losing streak that ran from October through February, the longest consecutive decline since 2018, according to CoinGlass data. The rally has a clear crypto-native catalyst: Tether's USDT supply has surged by roughly $5 billion to nearly $150 billion, injecting fresh liquidity into digital asset markets at a moment when macro conditions are also improving.
U.S. equities have recovered sharply, with the S&P 500 and Nasdaq clawing back to record highs after briefly entering correction territory. Wintermute OTC trader Jasper de Maere noted that markets have "stopped caring" about Iran war headlines, attributing it to earnings-season strength and a degree of geopolitical fatigue — though he flagged the risk of complacency.
The immediate structural test is the $79,000 resistance level, where Adam Haeems…
CoinDesk