Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound
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- Bitcoin rose over 13% in April, putting it on pace for its best monthly performance in a year.
- USDT supply grew by $5 billion to nearly $150 billion, boosting liquidity in crypto markets.
- S&P 500 reclaimed record highs, indicating strong equity momentum that supports risk‑on sentiment.
- Iran closed the Hormuz Strait, but traders say markets have “stopped caring” about the conflict.
- Federal Reserve meeting in early April will test whether Bitcoin can break the $79 k resistance level.
Why it matters: Crypto investors gain as Bitcoin’s 13% April surge and $5 billion USDT inflow lift prices, while traders betting on $79 k breakout face risk; Fed’s upcoming decision will amplify or stall this rally.
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