Bitcoin reaching its highest level since the feb. 5 crash, and breaking above a key resistance level ($76,000), is a significant bullish signal, especially with positive macro factors and other risk assets rallying.
The price has broken through a significant resistance level, indicating strong buying pressure. positive sentiment in broader markets and specific crypto-related stocks further reinforces the bullish outlook.
The article focuses on recent price action and immediate market sentiment, suggesting the current bullish momentum is likely to be felt in the short term. analyst commentary on the 'next test' also points to immediate price dynamics.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin climbs to highest level since Feb. 5 crash that sent price plunging to $60,000 Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets. By Krisztian Sandor | Edited by Stephen Alpher Apr 14, 2026, 2:48 p.m. Make preferred on Bitcoin continues rally (Getty images) What to know : Bitcoin (BTC) rose to just shy of $76,000 in morning U.S. trade on Tuesday, its highest level since the Feb. 5 crash that sent prices plunging to $60,000. Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets. The next test for the crypto rally comes at current levels, said one analyst. In this article BTC BTC $ 75,293.82 ◢ 3.97 % Bitcoin BTC $ 75,293.82 touched $75,900 in mid-morning U.S. trading hours on Tuesday, marking its highest level since before February 5, when the price crashed down to $60,000. Optimism about developments in the Iran war is sparking solid gains across risk assets and continued declines in oil prices. The Nasdaq was ahead 1.2% and WTI crude was lower by 6% to $93 per barrel. Crypto-related stocks were higher across the board as well. Strategy (MSTR) was up 7.6, Coinbase (COIN) 6.2%, Circle (CRCL) 11% and Galaxy Digital (GLXY) 8.3%. Bitcoin miners — most of which have altered their business plans to focus on AI-related data center buildouts — were also making large upside moves, led by the former Bitfarms, now Keel Infrastructure (KEEL), which was up 20.5%. MARA Holdings (MARA) was ahead 5.8% and Hut 8 (HUT) 4.8%. The broader macro backdrop has also turned more supportive. With the Nasdaq reaching its highest level since early February, ether (ETH) also outperformed bitcoin, underscoring the risk-on tone across markets, said Joel Kruger, market strategist at LMAX Group. "Overall, the past 24 hours reflect a market that is beginning to show signs of re-engagement," Kruger said, pointing to improving technicals and broader participation. The next test for the crypto rally comes at current levels. Kruger said the $76,000 level for bitcoin, where the mid-March rebound rolled over, is a key resistance. A decisive move above — alongside sustained strength in ether (ETH), the second-largest cryptocurrency — would be key in determining whether the rebound can evolve into a more durable bullish trend, he said. Bitcoin News More For You Why Cantor Fitzgerald thinks Robinhood and Coinbase are the best ways to play the prediction market boom By Helene Braun | Edited by Stephen Alpher 32 minutes ago Cantor Fitzgerald says Robinhood and Coinbase are best positioned to dominate the prediction market space by leveraging their massive retail scale and existing trading infrastructure. What to know : A new Cantor Fitzgerald report says Robinhood and Coinbase are poised to be the main public-market winners from the rapid growth of prediction markets. Both companies are integrating event-based trading into their platforms, generating fee revenue from trading activity rather than taking the opposite side of users’ bets. While regulation... Read full story Latest Crypto News Why Cantor Fitzgerald thinks Robinhood and Coinbase are the best ways to play the prediction market boom 32 minutes ago Scroll moves to cut costs after top protocol migrates to Optimism 41 minutes ago JPMorgan CFO warns stablecoins risk becoming ‘regulatory arbitrage’ play 59 minutes ago CoinDesk 20 performance update: Ethereum (ETH) price rises 5.4% 1 hour ago XRP Ledger adds zero-knowledge proofs targeting institutional privacy gap 1 hour ago From DeFi to deep space: How SkyMapper and Avalanche are securing the world's telescope records 1 hour ago Top Stories Bitcoin rises to one-month high above $75,000 as analysts eye major breakout 2 hours ago Visa and Zodia Custody join Stripe’s new blockchain for machine payments 2 hours ago Tether introduces crypto wallet to bring stablecoin and bitcoin payments directly to users 2 hours ago Bitcoin passes halfway point in halving cycle as price gains trail prior cycles 2 hours ago Deutsche Börse takes 1.5% stake in crypto exchange Kraken for $200 million 3 hours ago Strategy's STRC sees record-breaking trading day, may surpass that on Tuesday 5 hours ago In this article BTC BTC $ 75,293.82 ◢ 3.97 %