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Bitcoin jumps past $78K on ceasefire extension and major institutional buy-in

Market News
22 Apr 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin surged above $78,000, rising 2.2% in 24 hours and 4.3% for the week, driven by an indefinite ceasefire extension in the Middle East and a $2.54 billion Bitcoin purchase by Strategy. This institutional buying boosted confidence, with global crypto funds seeing $1.4 billion inflows last week, the strongest since January. Other major cryptocurrencies also gained, and on-chain data shows recent buyers are in profit, reducing sell-off risks. Bitcoin's next moves depend on geopolitical developments, with potential for a breakout above $80,000 or a drop below $75,000.

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