Crypto Market Rallies on Middle East News; Bitcoin Hits $78K
April 22, 2026 · 12:54 PM
TL;DR: The crypto market recorded a strong surge following the U.S.-Iran ceasefire extension announced by Donald Trump. Bitcoin reached $78,500, its highest level since February, with $286 million in short position liquidations recorded in derivatives markets. Nasdaq 100 and S&P 500 futures rose 0.77% and 0.6% respectively, reflecting an improvement in global risk sentiment. The ... Read more
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