Yesterday, Bitcoin finally broke through the $72k resistance, and it felt like a real breakthrough. Since last month's crash, it had touched and rejected that level three times, so this time felt different. Bitcoin is now around $73.3k, Ether at $2.29k, and Solana at $85. A truly broad rally.

What stood out: the war fears seem to be easing. Oil prices are falling, the Strait of Hormuz is stabilizing, and investors have already priced in the worst-case scenario. Asian stocks surged, followed by Wall Street with better economic data. That pulled money back into risk assets, and crypto benefited from it.

The ETF defense also plays a role. Institutional money is flowing in via Bitcoin ETFs, as seen by the strong inflow. At the same time, investors are rebalancing their portfolios—moving away from pure defense, back into growth stocks and crypto. Ether gained 7.5% and Solana 5.3%. XRP and BNB followed suit neatly, only Tron lagged behind.

The interesting part is that this doesn’t feel like a pump driven solely by sentiment. The ETF flows are substantial, providing stability. The industry rotation into defensive positions at the end of February seems to be over, and now we see money returning to growth. If this continues, more inflows can be expected in the coming weeks.