Invezz 2026-04-17 07:17:03

Crypto rally today: Top reasons Bitcoin and altcoins are going up

The crypto market is going up, with Bitcoin and top altcoins remaining in the green in the past few weeks. Bitcoin jumped to $75,000 while top tokens like RaveDAO, Memecore, Siren, and Celestia have jumped by double digits. This article looks at some of the reasons behind the crypto rally. Crypto rally happening as traders look past the Iran war One major reason behind the stock and crypto market rally is that investors are looking past the ongoing Iran war . While the crisis is still continuing, investors believe that it will ultimately end. This hope explains why crude oil and natural gas prices have pulled back recently. An end to the war will be bullish for BTC and other altcoins because it will eliminate a major risk that has been in the market in the past few months. It will also lead to lower crude oil prices and eliminate the inflation risk that may have pushed the Federal Reserve to hike interest rates. Still, the main risk is that the war may continue. For one, Israel is said to be disappointed with ongoing ceasefire. Also, Iran has warned that it may block the Red Sea, where about 13% of all crude oil passes through. There is also a risk that the US is using the ceasefire to increase its military capacity in the region. For one, over 50k troops have been assigned to the region. Buying the dip as Crypto Fear and Greed Index rises The crypto market rally is also happening as investors buy the dip as the Crypto Fear and Greed Index jumps. Data shows that the index has moved from the extreme fear zone of 4 to 57 today. There is a sign that it will jump and cross to the green area soon. Bitcoin and other altcoins always do well when there is greed in the market as this leads to a risk-on sentiment. A move from the neutral level to the greed area will supercharge the ongoing crypto rally. This also explains why the volume and futures open interest have jumped recently. Data shows that the futures open interest has jumped to over $123 billion, a sign that investors are starting to take risks. Also, data shows that spot Bitcoin and Ethereum ETFs have added millions of dollars in inflows this week. The same is happening in the stock market where the S&P 500 Index jumped to a record high as the Fear and Greed Index jumped to the greed zone of 70. Potential dead cat bounce However, there is a potential risk that the ongoing crypto rally today is a dead-cat bounce (DCB) or a bull trap. A DCB is a situation where an asset in a freefall bounces back briefly and then resumes the downtrend. It happens when inexperienced traders are being trapped. We have seen many bull traps in the past few months which calls for caution before one goes all in on the crypto market. Analysts recommend some risk management strategies like position sizing, leverage control, and using a stop loss. The post Crypto rally today: Top reasons Bitcoin and altcoins are going up appeared first on Invezz

La maggior parte ha letto le notizie

No Registration, No Hassle: Download and Star...
2026-04-25
Over 35 million XRP tokens flowed out of exch...
2026-04-25
ARB Technical Analysis 25 April 2026: Risk an...
2026-04-25
Harvard honors Ripple CEO Brad Garlinghouse a...
2026-04-25
Ethereum Price Prediction: Where Is ETH Heade...
2026-04-25
Bitcoin Price Prediction: Metaplanet Raises $...
2026-04-25
Jake Claver Reveals His Top 3 Cryptos If XRP...
2026-04-25
Is Bitcoin in Further Trouble as Trump Halts...
2026-04-25

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta