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Daily Market Digest

Bullish
Free

Sunday, April 19, 2026

Market Overview

Market Cap

$2.70T

24h Volume

$146.20B

BTC Dominance

57.0%

Sentiment

Bullish

The crypto market rebounded to $2.70 trillion as Bitcoin surged past $77,000 following the April 17 Strait of Hormuz reopening, triggering $762 million in short liquidations. Bitcoin dominance held steady at 57% while institutional flows remained strong, with BlackRock IBIT logging a $292 million single-day inflow earlier this week and Morgan Stanley's new MSBT ETF passing $100 million since its April 8 launch. Trading volume jumped to $146 billion, reflecting renewed risk appetite across the market.

Key Events

High Impact

Kelp DAO hit by $292M bridge exploit

An attacker drained 116,500 rsETH from Kelp's LayerZero-powered bridge, triggering emergency freezes across Aave, SparkLend, Fluid and Upshift in 2026's largest crypto exploit to date.

High Impact

Bitcoin surges past $78K on Hormuz reopening

Bitcoin rallied above $78,000 after Iran declared the Strait of Hormuz fully open to commercial vessels, easing supply-shock fears and triggering $762 million in short liquidations.

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Medium Impact

BlackRock IBIT records $292M daily inflow

BlackRock's IBIT logged its strongest single-day inflow since March with $291.85 million, pushing year-to-date total past $1.5 billion and Bitcoin holdings above 794,000 BTC.

View bitcoin
Medium Impact

Kraken acquires Bitnomial for $550M

Payward agreed to buy derivatives exchange Bitnomial for $550 million, gaining three CFTC licenses and building a full-stack U.S. crypto derivatives platform.

High Impact

RaveDAO crashes 88% amid insider trading allegations

RaveDAO collapsed after the team admitted to liquidating tokens for operations, with Binance and Bitget investigating alleged insider manipulation following a 4,500% price spike.

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Sector Performance

Store of Value

-1.97%

Layer 1

-4.34%

Layer 2

-4.50%

DeFi

-5.72%

AI

-6.37%

Gaming

-5.48%

Meme

-5.33%

DePIN

-3.50%

Featured Articles

Disclaimer: News content is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly. Always conduct your own research.