Substrate
finance

Bitcoin Holds at $75,440 Amid $450 Million Sell Orders Near $76,000 Resistance

Bitcoin is trading at $75,440 and testing $76,000 for a third day amid increased market volume and liquidations. Equities surged to record highs on Thursday following a ceasefire between Israel and Lebanon. CoinDesk reported various cryptocurrency market data and recent events, including a U.S. government bitcoin transfer.

CoinDesk
1 source·Apr 17, 10:48 AM(16 hrs ago)·2m read
|
Bitcoin Holds at $75,440 Amid $450 Million Sell Orders Near $76,000 ResistanceCoinDesk
Audio version
Tap play to generate a narrated version.

Bitcoin Price and Market Activity Bitcoin

Is trading at $75,440 and testing $76,000 for a third day, with $450 million of sell orders between $75,900 and $76,300, CoinDesk reported via CoinGlass.

Bitcoin briefly topped $76,000 during European trading hours. 94% change. 68 billion. Total liquidations have surged 140% to $529 million, with short positions slightly exceeding long positions in liquidations.

Broader Market Movements and Indices Equities

Surged to record highs on Thursday, coinciding with a ceasefire between Israel and Lebanon.

8%. 54% change. 07% change. 5%.

Futures and Volatility Data

The number of active contracts in Solana futures has increased by 11% to 5.

53 billion SOL in 24 hours, marking the highest open interest since March 18. 17 billion DOGE, a six-month high. Solana has positive funding rates and a positive 24-hour open interest-adjusted cumulative volume delta, while Dogecoin has a positive cumulative volume delta but slightly negative funding rates.

Cardano leads on an open interest-adjusted cumulative volume delta basis. 5-month low, and Ether's implied volatility index hovers near 65%. BTC and ETH options on Deribit show a bias for puts.

Recent Events and Indicators

Government moved $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase 5 hours ago, CoinDesk reported. CoinMarketCap's Altcoin Season indicator is at 37/100, down from 53/100 last month and up from 19/100 in February.

The RHODL ratio has climbed to its third highest level on record, according to Glassnode.

Published Articles

CoinDesk published the article 'The 4.

5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in' 1 hour ago. The article 'Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack' was published 1 hour ago. The article 'Ethereum just had its busiest quarter ever, capping a three-year comeback' was published 3 hours ago.

The article 'This simple indicator has called every bottom since 2015. It hasn't triggered yet' was published 3 hours ago. The article 'XRP leads bitcoin and ether on weekly gains, but muted volume keeps breakout in check' was published 6 hours ago.

-Iran peace talks trigger risk-on mood' was published 7 hours ago. S. CFTC's Selig says AI has helped make up for staffing cuts at key crypto watchdog' was published 18 hours ago. The article 'Cardano's Charles Hoskinson says Bitcoin's quantum fix is a hard fork that can't save Satoshi's coins' was published 18 hours ago.

The article 'Bitcoin devs bet a quantum attacker will play nice with a ‘wait and react’ plan' was published on April 16, 2026.

Story Timeline

6 events
  1. 1 hour ago

    CoinDesk published articles 'The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may be in' and 'Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack'

    1 sourceCoinDesk
  2. 3 hours ago

    CoinDesk published articles 'Ethereum just had its busiest quarter ever, capping a three-year comeback' and 'This simple indicator has called every bottom since 2015. It hasn't triggered yet'

    1 sourceCoinDesk
  3. 5 hours ago

    The U.S. government moved $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

    1 sourceCoinDesk
  4. 6 hours ago

    CoinDesk published article 'XRP leads bitcoin and ether on weekly gains, but muted volume keeps breakout in check'

    1 sourceCoinDesk
  5. 7 hours ago

    CoinDesk published article 'Bitcoin bulls target $125,000 as U.S.-Iran peace talks trigger risk-on mood'

    1 sourceCoinDesk
  6. April 16, 2026

    CoinDesk published article 'Bitcoin devs bet a quantum attacker will play nice with a ‘wait and react’ plan'

    1 sourceCoinDesk

Potential Impact

  1. 01

    Ceasefire and equities surge may sustain risk-on mood in crypto markets

  2. 02

    Increased liquidations may pressure short-term Bitcoin price stability

  3. 03

    Rising open interest in Solana and Dogecoin could signal growing investor interest in altcoins

  4. 04

    U.S. government bitcoin movement could influence perceptions of regulatory actions

Transparency Panel

Sources cross-referenced1
Framing risk0/100 (low)
Confidence score70%
Synthesized bySubstrate AI (grok-4:fact-pipeline)
Word count421 words
PublishedApr 17, 2026, 10:48 AM
Bias signals removed4 across 4 outlets
Signal Breakdown
Loaded 2Speculative 1narrative 1

Related Stories

Federal Reserve Official Signals Caution on Interest Rate Cuts Amid Inflation ConcernsCnbc
finance9 hrs agoupdated

Federal Reserve Official Signals Caution on Interest Rate Cuts Amid Inflation Concerns

A Federal Reserve governor indicated that ongoing economic uncertainties, including inflation risks from the Iran war and tariffs, may require maintaining current interest rates. The official highlighted a stable yet vulnerable labor market with minimal job growth. This stance re…

Cnbc
FI
LI
FI
MA
+4
9 sources
U.S. and Iran Advance Negotiations on Memorandum to End Ongoing Warespn.com
finance12 hrs ago

U.S. and Iran Advance Negotiations on Memorandum to End Ongoing War

The United States and Iran have made progress in talks over a three-page memorandum of understanding aimed at ending the ongoing war. The plan includes a voluntary multi-year ban on Iranian nuclear enrichment and the removal of some highly-enriched uranium to a third country. Dis…

DE
FI
SE
AX
OS
5 sources
US Justice Department Prepares Antitrust Lawsuit Against Major Egg Producerspropakistani.pk
finance6 hrs ago

US Justice Department Prepares Antitrust Lawsuit Against Major Egg Producers

The US Department of Justice is preparing to file an antitrust lawsuit against some of the country's largest egg producers over allegations of coordinated pricing. The suit targets companies including Cal-Maine Foods and Versova, following significant price hikes in 2024 and 2025…

KO
WS
ZE
3 sources