Bitcoin’s will-it-won’t-it rally fails again as global stocks remain mixed
Apr 24, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan

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AI Overview
Bitcoin trading near $77,911 (+0.67%) but rally failing to break higher; open interest $122.62B (-0.81%) and liquidations fell to $163.29M, signaling muted derivatives momentum. - USDC on Binance (CEX) jumped from ~$4.5B in March to $7.51B by Apr 21, showing increased stablecoin concentration on exchanges with implications for liquidity, DeFi flows and centralization risk. - Macro: gold down while USD and 10‑yr Treasury yields rise, creating a potential headwind for crypto risk-on adoption and price upside.
Bearish
- Bitcoin is trading near $77,911, up 0.67%, but the rally is still failing to break cleanly higher.
- Open interest is at $122.62B, down 0.81%, while liquidations fell to $163.29M.
- USDC on Binance rose from about $4.5B in March to $7.51B by April 21.
- Gold is down this week, while the dollar and 10-year Treasury yields are rising.




