Bitcoin is trading with a “controlled bullish” sentiment today, April 24, 2026, as it hovers near its highest levels in over 10 weeks. The market has been buoyed by significant institutional inflows and a reduction in global geopolitical tensions.
Bitcoin Price Today
As of this morning, Bitcoin (BTC) is trading at:
- USD: ~$78,150
- INR: ₹73,66,617 (approx. ₹73.66 Lakh)
- 24h Change: +0.77%
The price saw a brief spike toward $79,000 yesterday following news of an indefinite ceasefire extension between the US and Iran, which sparked a “risk-on” sentiment across global markets.
Top News & Market Drivers
- Institutional Milestone: The development firm Strategy has officially surpassed BlackRock’s iShares Bitcoin Trust to become the largest corporate holder of Bitcoin, now possessing 815,061 BTC.
- The “Schwab” Effect: Charles Schwab has begun phasing in direct spot trading for Bitcoin and Ethereum on its platform. Analysts are calling this a major “distribution event,” opening the door for trillions in client assets to access crypto directly.
- ETF Momentum: Bitcoin ETFs have seen over $1.5 billion in inflows over the last six days, providing a strong floor of support near the $78,000 level.
- Liquidations: A “short squeeze” (where traders betting against the price are forced to buy back) has accelerated the recent upside, with over $330 million in liquidations recorded recently.
Expert Outlook
Most analysts suggest that as long as Bitcoin stays above the $75,000 support zone, the path remains open toward the $80,000 – $86,000 range. However, a major resistance level is expected near $86,000, which aligns with the 200-day moving average.
Trading Note: Volatility remains high. While Bitcoin has outperformed gold (which has slipped ~10% since February), crypto-linked equities like MSTR and COIN are seeing even larger daily swings of 5% to 10%.
