BTC news: Bitcoin bounces above $76,000 as DeFi suffers $16 billion exodus after major hack
By Krisztian Sandor
Published on April 20, 2026.
Bitcoin BTC held above $76,000 on Monday, recovering from overnight lows of $74,000. Despite Iran war risks, the largest cryptocurrency climbed about 2.4% over the past 24 hours. Major altcoins also saw a rise, with the CoinDesk 20 rising 1.7%. This resilience comes amid a shaky macro backdrop, with U.S. President Donald Trump warning of further escalation over Iran. Meanwhile, tensions remain high in the DeFi sector following the biggest crypto exploit of the year. Total value locked (TVL) across DeFi protocols fell by $14 billion, while asset prices remained steady. However, capital continues to focus on large-cap assets like bitcoin, while riskier altcoins lag behind.
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