Bitcoin Surges to Nearly $76,000, Highest Since February 5 Crash

Bitcoin surged to nearly $76,000, marking its highest level since the February 5 crash.

“Bitcoin climbs to highest level since Feb”

@coindesk

Optimism over developments in the Middle East sparked a sharp decline in oil prices and rallies across risk markets.

@coindesk

Crypto-related stocks were higher across the board, with MicroStrategy up 7.6% and Coinbase 6.2%.

Bitcoin miners made large upside moves, led by Keel Infrastructure up 20.5%.

Market strategist Joel Kruger said the market is beginning to show signs of re-engagement.

Nikita Bier posted a one-liner that drew more than 3 million views within 24 hours.

The message arrived weeks before Elon Musk's confirmed April launch of X Money.

CoinDesk

X Money is a peer-to-peer payments product built with Visa, licensed across more than 40 US states.

No crypto rails have been confirmed, but X has not explicitly ruled them out.

X hired Benji Taylor, Aave's former Chief Product Officer.

X Money is positioning itself as a premium challenger bank, not a cryptocurrency platform.

“Bitcoin climbs to highest level since Feb”

CoinDesk

It offers a 6% APY on FDIC-insured deposits up to $250,000.

Built on the Visa network and licensed in over 40 U.S. states.

X Money aims to become a global financial operating system.

Crypto wallet functionality is planned for late 2026, but no specific coins have been confirmed.

Bitcoin's technical setup remains fragile despite the rally.

Immediate resistance sits at $76,500, with support at $69,800.

CoinDesk

A daily close below $69,800 would likely trigger stop-loss cascades.

Three scenarios present themselves: bull, base, and bear.

The S&P 500 rallied 3.6% last week while Bitcoin dropped 20%.