Morning market update & Trend

‎The cryptocurrency market is currently experiencing a "risk-on" rally as of Saturday, April 18, 2026, driven by a significant de-escalation in Middle East geopolitical tensions. The market sentiment has rapidly shifted from "Fear" to "Greed" following reports of a potential peace plan between the U.S. and Iran.
‎XTB
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‎Morning Market Snapshot (April 18, 2026)
‎Bitcoin (BTC): Trading at approximately $77,315 after surging past the $76,000 resistance level.
‎Ethereum (ETH): Clearing $2,400, showing a daily increase of roughly 3.3%.
‎Market Sentiment: The CMC Crypto Fear and Greed Index hit "Greed" for the first time since October 2025.
‎Altcoin Performance: XRP climbed to $1.40 (+2.4%), and Solana (SOL) maintains momentum near $85.50.
‎CoinDesk
‎CoinDesk
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‎Alerian Galaxy Global Cryptocurrency (CRYPTO)
‎6,390.91
‎4.69% today
‎As of 18 Apr, 1:42 am GMT+5 • Disclaimer
‎17 Apr 2026 - 18 Apr 2026
‎Time period
‎Open
‎6,104.40
‎Prev close
‎6,104.40
‎High
‎6,436.85
‎52-wk high
‎10,679.50
‎Low
‎6,096.46
‎52-wk low
‎4,299.67
‎Geopolitical Impact & Market Trends
‎The primary catalyst for this morning's volatility is the reopening of the Strait of Hormuz.
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‎Energy De-escalation: Iranian officials declared the strait open during a ten-day ceasefire, causing oil prices to plunge nearly 10%.
‎Inflation Hedge: Lower oil prices have reduced immediate global inflation fears, allowing investors to rotate capital back into risk assets like Bitcoin and Ethereum.
‎Peace Negotiations: Headlines regarding a three-page peace plan, involving the transfer of Iranian uranium in exchange for frozen funds, have turned previously cautious institutional sentiment bullish.
‎Institutional Pivot: Major firms like Strategy Inc. (likely MicroStrategy) have doubled down, recently purchasing $2.6B in Bitcoin, which has bolstered retail confidence.
‎Binance
‎Binance
‎ +5
‎Regional Regulatory Spotlight
‎Pakistan: Has officially ended its 7-year crypto banking ban, emerging as one of the top global adoption hubs.
‎South Korea: The Bank of Korea is implementing "circuit breakers" for exchanges to manage extreme volatility.
‎Vietnam: Formalized crypto taxes (0.1% per transaction) as part of a new legal framework.
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