{"id":125915,"date":"2026-04-17T16:29:00","date_gmt":"2026-04-17T12:29:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=125915"},"modified":"2026-04-17T15:32:47","modified_gmt":"2026-04-17T11:32:47","slug":"bitcoin-holds-steady-near-75000-as-ceasefire-hopes-ignite-risk-rally-grinex-exchange-hacked","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-holds-steady-near-75000-as-ceasefire-hopes-ignite-risk-rally-grinex-exchange-hacked\/04\/17\/market-updates\/","title":{"rendered":"Bitcoin Holds Steady Near $75,000 as Ceasefire Hopes Ignite Risk Rally; Grinex Exchange Hacked"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><strong>Key Takeaways:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin consolidates:<\/strong> The world&#8217;s largest cryptocurrency is hovering just below $75,000, setting up for a third consecutive weekly gain.<\/li>\n\n\n\n<li><strong>Geopolitical risks ease:<\/strong> A U.S.-brokered 10-day ceasefire between Israel and Lebanon has boosted global risk appetite, with hopes for renewed U.S.-Iran talks this weekend.<\/li>\n\n\n\n<li><strong>Grinex cyberattack:<\/strong> Russia-linked exchange Grinex halts operations after a sophisticated $13 million hack, allegedly involving foreign intelligence.<\/li>\n\n\n\n<li><strong>Altcoin action:<\/strong> Solana and Polygon post solid gains, while Ethereum dips slightly amid choppy Friday trading.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p id=\"p-rc_dc1ead5388ab69af-38\">Bitcoin traded largely unchanged on Friday, consolidating just below the psychological $75,000 mark.<sup><\/sup> The flagship cryptocurrency is on track for its third consecutive weekly rise, riding the coattails of a broader global risk rally as investors weigh the easing of geopolitical tensions in the Middle East.<sup><\/sup><\/p>\n\n\n\n<p>By early morning trading, Bitcoin dipped a fractional 0.3% to $74,790.80. While the digital asset is set to jump nearly 5% for the week, it has struggled to decisively break and hold above the $75,000 resistance level after briefly topping it earlier in the week.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Geopolitical Easing Supports Risk Assets<\/strong><\/h3>\n\n\n\n<p>Market sentiment has been notably underpinned by a recent easing in geopolitical risk. A U.S.-brokered 10-day ceasefire between Israel and Lebanon has officially taken effect, a move aimed at halting hostilities and creating breathing room for further negotiations.<\/p>\n\n\n\n<p>This temporary truce\u2014which can be extended by mutual agreement\u2014has successfully reduced market fears of a wider regional conflict. Adding to the bullish macroeconomic momentum, U.S. President Donald Trump indicated that Washington and Tehran could resume direct talks as early as this weekend.<\/p>\n\n\n\n<p>Despite the constructive backdrop and record-breaking rallies in U.S. technology stocks, Bitcoin&#8217;s immediate upside has remained capped. Investors turned cautious heading into the weekend, with many opting to lock in profits. Market analysts note that heavy technical resistance concentrated around the $75,000 level is currently acting as a ceiling, limiting further upward price action for now.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Russia-Linked Exchange Grinex Suffers $13 Million Hack<\/strong><\/h3>\n\n\n\n<p id=\"p-rc_dc1ead5388ab69af-39\">In a stark reminder of the ongoing security threats within the digital asset ecosystem, the Russia-linked cryptocurrency exchange Grinex has officially suspended its operations following a massive cyberattack.<sup><\/sup><\/p>\n\n\n\n<p id=\"p-rc_dc1ead5388ab69af-40\">The company confirmed via a Telegram post that the breach resulted in the theft of approximately 1 billion roubles ($13 million).<sup><\/sup> The Kyrgyzstan-based platform stated that the attack involved highly sophisticated methods, strongly suggesting the direct involvement of &#8220;foreign intelligence services.&#8221;<\/p>\n\n\n\n<p id=\"p-rc_dc1ead5388ab69af-41\">Grinex, a platform currently heavily sanctioned by the United States, the UK, and the European Union, claimed the attack was a targeted operation designed to directly undermine Russia\u2019s financial system.<sup><\/sup><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Altcoins Post Mixed Results in Choppy Trading<\/strong><\/h3>\n\n\n\n<p>The broader altcoin market experienced mixed, choppy trading on Friday as capital selectively rotated across the sector.<\/p>\n\n\n\n<p>While the broader crypto sentiment remains upbeat, Ethereum, the world\u2019s second-largest cryptocurrency, lost 1.3% to trade at $2,324.92. Conversely, XRP caught a bid, rising 1.4% to $1.43.<\/p>\n\n\n\n<p>Major Layer-1 networks saw positive momentum, with Solana rising 3%, Cardano advancing 1.2%, and Polygon climbing 2%. Meanwhile, in the highly speculative meme token sector, Dogecoin edged up by a modest 0.6%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways: Bitcoin consolidates: The world&#8217;s largest cryptocurrency is hovering just below $75,000, setting up for a third consecutive weekly gain. Geopolitical risks ease: A U.S.-brokered 10-day ceasefire between Israel and Lebanon has boosted global risk appetite, with hopes for renewed U.S.-Iran talks this weekend. Grinex cyberattack: Russia-linked exchange Grinex halts operations after a sophisticated &hellip;<\/p>\n","protected":false},"author":9,"featured_media":108592,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,37,36],"tags":[],"class_list":["post-125915","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=125915"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125915\/revisions"}],"predecessor-version":[{"id":125916,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125915\/revisions\/125916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/108592"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}