The crypto market extended its rebound on April 15, with Bitcoin hovering near key breakout levels while Ethereum showed resilience above critical support, signalling renewed bullish momentum despite geopolitical volatility.
Bitcoin traded just below the US$75,000 mark after briefly pushing higher in recent sessions, as fresh capital inflows and improving risk appetite lifted sentiment across digital assets.
Analysts say the flagship cryptocurrency is now flirting with a decisive technical breakout, one that could open the door to a move toward the US$90,000-US$98,000 range if sustained.
Ethereum, meanwhile, steadied above US$2,300, reinforcing its role as a relative laggard but stable anchor in the current rally. The world’s second-largest token has benefited from the same wave of inflows, though its upside remains more measured compared to Bitcoin’s surge.
The broader rally comes as over US$1 billion in fresh capital flowed into crypto markets, underscoring a shift back toward risk assets even as macro uncertainty lingers.
Still, volatility remains close beneath the surface. Prices have been whipsawed in recent days by developments tied to the Middle East conflict, with energy shocks and shifting risk sentiment increasingly driving crypto’s short-term direction, marking a departure from its traditionally more independent narrative.
For now, traders are watching one key question: Can Bitcoin decisively clear resistance and lead the next leg higher or will geopolitical turbulence stall the rally just as momentum builds?
