Bitcoin Price Rally Near $75K on April 13, 2026 Amid ETF Demand

BTCMonday, April 13, 2026

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Key points

  • Bitcoin saw a strong price rally on April 13, 2026, soaring from approximately $70,741 to nearly $75,000. This roughly 6%+ gain was primarily pushed by a rapid short squeeze triggered by geopolitical tensions at the Strait of Hormuz between the US and Iran, which heightened market volatility and drove traders to cover bearish bets swiftly.[Bitcoin.com News][Bitcoin Magazine]
  • On the same day, Bitcoin price movements around $74,000 reflected divergent pressures: increasing demand from spot Bitcoin ETFs was met with counteracting sell pressure from miners liquidating BTC to realize profits. This interplay of ETF inflows and miner outflows highlights evolving institutional adoption trends and the impact of miner supply on market price.[Cointelegraph Bitcoin]

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