Crypto market strength led by bitcoin as altcoin sentiment stays fragile
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By Oliver Knight
Published on April 21, 2026.
The crypto market is showing signs of strength, with bitcoin BTC $ 76,560.07 rising to $76,500, a gain of about 1% since midnight UTC. Other major currencies such as BTC, SOL, HYPE and BNB have added 1%-3% in futures open interest (OI), a sign of capital inflows. However, Ether (ETH) only rose by 0.3% to $2,320 as investors remained cautious about altcoins following the weekend's $290 million exploit on KelpDAO. The long-short ratio for the crypto futures market is 50.68%, indicating a near-even split between bullish and bearish positions. Meanwhile, the CME saw activity in BTC futures decreasing, indicating that exchange-traded funds are mostly receiving millions.
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