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Bitcoin Surges Past $78K as XRP and Ethereum ETF Interest Grows - April 18, 2026 Crypto Update

CryptoSaturday, April 18, 2026

50 articles analyzed by AI / 81 total

Key points

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  • Bitcoin rallied past $78,000 in mid-April following geopolitical developments, including Iran's reopening of the Strait of Hormuz and progress toward a US-Iran deal. This surge, supported by $597 million in ETF inflows since February, marks a significant bullish phase reaching a 10-week high and signaling robust institutional demand.[Blockonomi][Blockonomi]
  • Institutional interest in Bitcoin spot ETFs intensified, with weekly inflows nearing $1 billion—the largest since January—amid improved risk appetite. This surge in ETF capital underlines renewed confidence among institutional investors and contributes to Bitcoin's price momentum toward $78,000.[U.Today]
  • Publicly listed Bitcoin miners recorded a historic quarterly outflow of more than 32,000 BTC in Q1 2026, despite the recent halving that lowered rewards to 3.125 BTC per block. Interestingly, the Bitcoin hash rate continued to rise, affecting miner economics and signaling shifts in supply-side dynamics.[Blockonomi]
  • Ripple's XRP has shown strong institutional traction with spot ETF filings, notably from Franklin Templeton offering a low 0.19% fee. The token's price approached $1.55 resistance with bullish technical indicators, bolstered further by wrapped XRP's integration into Solana's DeFi ecosystem, boosting XRP's price by 5% to $1.50.[Blockonomi][Blockonomi]
  • Ethereum's price advanced beyond $2,400, driven by a 33% increase in accumulation wallets setting new records and $298 million in ETF inflows. Market activity surged further after the reopening of the Strait of Hormuz triggered $1.72 billion in Binance Ethereum derivatives trades within an hour, liquidating $24 million in shorts and reflecting high trader engagement.[Blockonomi][Blockonomi]
  • Kraken's parent company Payward strengthened its market position in the US by acquiring Bitnomial for $550 million and obtaining three CFTC licenses to offer regulated crypto derivatives like futures and options. This strategic move is expected to enhance Kraken's offerings and accessibility for American crypto traders.[Blockonomi]
  • Kelp's restaking platform suffered a major exploit draining $293 million and impacting at least nine protocols due to interconnected vulnerabilities. This incident underscores the significant security risks within the DeFi restaking space and the cascading effects of cross-protocol dependencies.[Cointelegraph]

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