{"id":126558,"date":"2026-05-01T18:33:00","date_gmt":"2026-05-01T14:33:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126558"},"modified":"2026-05-01T19:23:38","modified_gmt":"2026-05-01T15:23:38","slug":"bitcoin-bounces-back-above-77k-wall-street-records-and-apples-stellar-earnings-reignite-crypto-rally","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-bounces-back-above-77k-wall-street-records-and-apples-stellar-earnings-reignite-crypto-rally\/05\/01\/market-updates\/","title":{"rendered":"Bitcoin Bounces Back Above $77K: Wall Street Records and Apple&#8217;s Stellar Earnings Reignite Crypto Rally"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bitcoin rebounds:<\/strong> The world&#8217;s largest cryptocurrency rose 1.8% to $77,143 after dipping near $75,000 earlier in the week.<\/li>\n\n\n\n<li><strong>April winning streak:<\/strong> Bitcoin gained 12% in April amid the temporary U.S.-Iran ceasefire and Wall Street&#8217;s record-breaking run.<\/li>\n\n\n\n<li><strong>$80K still the wall:<\/strong> The $80,000 resistance level continues to cap rallies, with the market unable to break through over the past month.<\/li>\n\n\n\n<li><strong>Wall Street records help:<\/strong> The S&amp;P 500 and Nasdaq have repeatedly notched all-time highs, lifting appetite for risk assets including crypto.<\/li>\n\n\n\n<li><strong>Apple effect:<\/strong> Strong iPhone demand and record services revenue from Apple bolstered tech sector confidence and broader risk sentiment.<\/li>\n\n\n\n<li><strong>Macro correlation deepens:<\/strong> Bitcoin is increasingly trading in line with equities during periods of heightened liquidity and optimism.<\/li>\n\n\n\n<li><strong>Geopolitical clouds linger:<\/strong> Trump is reportedly being briefed on military options against Iran, with Tehran warning of &#8220;long and painful strikes&#8221; if attacked.<\/li>\n\n\n\n<li><strong>Oil whipsaws:<\/strong> Brent crude touched over $126 per barrel before retreating.<\/li>\n\n\n\n<li><strong>Altcoins climb:<\/strong> Ethereum rose 1.6% to $2,284.74, XRP gained 0.6% to $1.38, with Solana and Cardano also higher; Dogecoin jumped 2.4%.<\/li>\n<\/ul>\n\n\n\n<p>Bitcoin rebounded on Thursday, climbing back above the $77,000 mark after recent declines, as improving global risk appetite lifted demand for cryptocurrencies alongside equities.<\/p>\n\n\n\n<p>The world&#8217;s largest cryptocurrency was last trading 1.8% higher at $77,143 as of 02:27 ET (06:27 GMT), after pulling back earlier this week to lows near the $75,000 level.<\/p>\n\n\n\n<p>Bitcoin jumped 12% in April on the back of optimism from a temporary U.S.-Iran ceasefire and record highs on Wall Street.<\/p>\n\n\n\n<p>Earlier in April, Bitcoin had rallied above the $79,000 mark amid optimism over potential de-escalation in the Middle East and robust institutional inflows.<\/p>\n\n\n\n<p>A key near-term hurdle for Bitcoin remains the $80,000 resistance level, which has repeatedly capped rally attempts over the past month.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crypto Tracks Wall Street&#8217;s Record Highs<\/h2>\n\n\n\n<p>Investor sentiment has been buoyed by resilient equity markets, with the S&amp;P 500 and Nasdaq repeatedly carving out all-time highs in recent sessions \u2014 fueling appetite for higher-risk assets, including cryptocurrencies.<\/p>\n\n\n\n<p>Sentiment received an additional boost from Apple Inc.&#8217;s upbeat results, which reinforced confidence in the technology sector. Strong iPhone demand and record services revenue were the key drivers behind the iPhone maker&#8217;s blockbuster quarter.<\/p>\n\n\n\n<p>Analysts note that Bitcoin has increasingly been trading in lockstep with macro risk trends, behaving much like equities during periods of heightened liquidity and optimism.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Geopolitical Risks Cap the Upside<\/h2>\n\n\n\n<p>However, Bitcoin&#8217;s gains remained restrained as geopolitical risks continued to simmer.<\/p>\n\n\n\n<p>Reports on Thursday revealed that U.S. President Donald Trump was scheduled to receive a briefing on potential military options against Iran, fueling fears of further escalation in the conflict.<\/p>\n\n\n\n<p>Iran has warned that any new U.S. attack would trigger &#8220;long and painful strikes&#8221; on American positions across the region.<\/p>\n\n\n\n<p>The Strait of Hormuz remained effectively closed. Brent crude had surged above $126 per barrel earlier in the day on Thursday before retreating later in the session.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crypto Price Today: Altcoins Rise in Range-Bound Trading<\/h2>\n\n\n\n<p>Ethereum, the world&#8217;s second-largest cryptocurrency, rose 1.6% to $2,284.74.<\/p>\n\n\n\n<p>XRP, ranked third globally, gained 0.6% to $1.38.<\/p>\n\n\n\n<p>Solana climbed 1.6% and Cardano added 1.3%, while Polygon edged up 0.6%.<\/p>\n\n\n\n<p>Among meme tokens, Dogecoin rallied 2.4%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Bitcoin rebounds: The world&#8217;s largest cryptocurrency rose 1.8% to $77,143 after dipping near $75,000 earlier in the week. April winning streak: Bitcoin gained 12% in April amid the temporary U.S.-Iran ceasefire and Wall Street&#8217;s record-breaking run. $80K still the wall: The $80,000 resistance level continues to cap rallies, with the market unable to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":99111,"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":[38,40,6827,49,36],"tags":[6904,7820],"class_list":["post-126558","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-bitcoin","tag-risk-appetite"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126558","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=126558"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126558\/revisions"}],"predecessor-version":[{"id":126559,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126558\/revisions\/126559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99111"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}