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Bitcoin gains 11% in April on institutional demand and geopolitical easing despite tough macro conditions

Market News
26 May 2026
Crypto news
View Source
Bullish
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In April 2026, Bitcoin recovered over 11%, closing near $76,300 after a challenging start to the year marked by sharp declines. This rebound was driven by strong institutional inflows, ETF purchases, and improving on-chain metrics rather than retail speculation or short squeezes. Geopolitical tensions around the Strait of Hormuz influenced market sentiment, but ceasefire extensions led to diminishing price reactions, indicating the market priced in ongoing uncertainty. Despite unfavorable monetary policy signals, Bitcoin's structural recovery suggests growing institutional conviction, with key resistance near $78,000 to $80,000 and cautious optimism heading into May.

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