Cryptocurrency market news

Crypto bulls preparing for rising prices experienced their worst day in more than three months as market leaders Bitcoin and Ethereum (ETH) fell amid macroeconomic concerns. According to data from Coinglass, exchanges liquidated $563,000,000 in leveraged bullish futures bets over the past 24 hours, marking the largest one-day collapse since February 6, when BTC crashed close to $60,000 and liquidated $1,840,000,000 in bullish positions.

The share of stablecoins in the crypto market remains high even during periods of Bitcoin growth. Traders are increasingly taking profits and choosing not to re-enter risk assets. Just a few years ago, stablecoins were primarily used as temporary instruments. Funds were converted into USDT or USDC before trades and then quickly moved back into the market.

Bitcoin, the leading cryptocurrency, has once again drawn investors’ attention to bullish expectations after rising above its 200-day moving average — one of the key indicators in technical analysis. The last time a similar technical signal appeared was in September 2020, after which Bitcoin entered a strong bull market.

Bitcoin traders have begun monitoring the $BTC/JPY pair more closely following Japan’s intervention in foreign exchange markets aimed at supporting the yen. The move caused a sharp decline in the U.S. dollar against the Japanese currency and introduced a new factor influencing Bitcoin price dynamics.

After gaining 13% in April, Bitcoin surged by more than $2,000 on the first day of May, reaching a daily high of $78,924 before eventually falling back below the $78,300 level.

Following yesterday’s Federal Reserve decision and statements by Fed Chair Jerome Powell, Bitcoin ($BTC) and altcoins have declined over the past 24 hours. As the price of $BTC remains above $76,000, it appears that major market participants are showing significant activity.

On Tuesday, April 28, Bitcoin fell by 0.7% and dropped below the $76,000 level amid a lull in global markets caused by easing geopolitical tensions in the Middle East.

New Coinglass heatmap data shows that $ETH is once again positioned between two major liquidation zones, with leverage concentrated both below and above the current price. If $ETH falls below $2323, total long liquidations across major centralized exchanges could reach approximately $1.044 billion. On the upside, a breakout above $2563 could liquidate short positions worth up to $531 million.

An unknown trader turned about $8.5 into nearly $10,000 thanks to an investment in the BELIEF token, according to analysts from the Lookonchain platform.

The United States has entered a period where the intersection of financial markets and political decisions creates conditions in which access to non-public information can generate multi-million-dollar profits within minutes. The events of March 23 became a clear illustration: 15 minutes before a statement by U.S. President Donald Trump regarding negotiations with Iran, an unknown market participant placed futures positions worth approximately $500 million, betting on falling oil prices and rising stock markets.

On April 14, 2026, the U.S. Securities and Exchange Commission (SEC) approved a proposal by the Financial Industry Regulatory Authority (FINRA) to revise intraday trading rules in the stock market. In particular, regulators removed the $25,000 minimum capital requirement for so-called pattern day traders.

As of 10:00 AM ET on Sunday, Bitcoin is trading at $66,810, with traders taking a defensive stance in futures and options markets. Data shows declining open interest, faster growth in put options compared to calls, and “max pain” levels significantly above the current spot price.

Bitcoin bulls should be cautious: a key momentum indicator that has accurately predicted sell-offs since the cryptocurrency reached its all-time high in October has triggered again.

A trader whose wallet starts with 0x78c6 earned $2.09 million in $USDC over two months after investing $101,539 in the $SIREN token. Net profit amounted to $1.98 million — nearly 20 times the initial investment, according to the analytics platform Lookonchain.

The price of Zcash ($ZEC) has stabilized at $220 with a daily increase of 0.10%. The price is consolidating between two Fibonacci levels after a sharp pullback from the $275 zone.

The movement of the main cryptocurrency’s price is rarely linear. The asset’s price rises, then corrects, and then moves upward again within a single macro cycle. Undoubtedly, this thesis was confirmed after the recent statement by Geoff Kendrick. The Head of Digital Asset Research at Standard Chartered noted the attractiveness of a price drop below $60,000. At the same time, the expert allowed for the possibility of a decline to the $50,000 level before the beginning of a full-scale recovery.