Bitcoin jumps above $78,000 amid Iran-US peace talks and strong ETF inflows in April

Bitcoin surged past $78,000 following Iran's submission of a revised peace proposal to the US via Pakistan, sparking optimism amid ongoing diplomatic negotiations. This geopolitical development helped reduce oil prices and boost the wider crypto market. Additionally, U.S. spot Bitcoin ETFs saw nearly $2 billion inflows in April, marking the strongest monthly institutional demand in 2026. Technical analysis shows Bitcoin's critical support zones remain untested, suggesting potential for further price stability or growth ahead.