
{"id":157765,"date":"2026-04-28T14:00:51","date_gmt":"2026-04-28T14:00:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=157765"},"modified":"2026-04-28T14:00:51","modified_gmt":"2026-04-28T14:00:51","slug":"heres-why-the-bitcoin-and-ethereum-prices-have-been-rising-and-falling-sharply","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=157765","title":{"rendered":"Here\u2019s Why The Bitcoin And Ethereum Prices Have Been Rising And Falling Sharply"},"content":{"rendered":"<p>Bitcoin and Ethereum have spent the past few weeks moving like assets <a href=\"https:\/\/www.newsbtc.com\/news\/1-4-billion-pours-into-crypto-whats-driving-the-surge\/\" target=\"_blank\" rel=\"noopener\">caught between two powerful forces.\u00a0<\/a>On one side, institutional demand has returned through Spot ETFs, <a href=\"https:\/\/bitcoinist.com\/ethereum-power-play-bitmine-rockets-past-5m-eth-with-fresh-101901-purchase\/\" target=\"_blank\" rel=\"noopener\">treasury purchases<\/a>, and dip-buying <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-whales-accumulation-holdings-2-month-high\/\" target=\"_blank\" rel=\"noopener\">from larger investors<\/a>. On the other side, profit-taking and heavy derivatives positioning keep turning <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-turns-lower-78500\/\" target=\"_blank\" rel=\"noopener\">rallies into sudden pullbacks.<\/a><\/p>\n<h2>ETF Demand Is Slowly Lifting Bitcoin And Ethereum<\/h2>\n<p>The crypto market <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-disbelief-phase-traders-keep-shorting-rally\/\" target=\"_blank\" rel=\"noopener\">has not been moving <\/a>in a clean straight line. Bitcoin has pushed close to the $80,000 level more than once in the past week, only to lose momentum around $79,000. Ethereum has been following these moves, but with its own ETF flow and positioning pressure.\u00a0<\/p>\n<p>The strongest reason Bitcoin and Ethereum have been rising is the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-etfs-best-streak-october-2025-inflows\/\" target=\"_blank\" rel=\"noopener\">return of institutional inflows. <\/a>Spot Bitcoin ETFs have been on a strong inflow streak in April, <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"noopener\">with data indicating <\/a>more than $2.2 billion in net inflows between April 14 and April 24. Spot Bitcoin ETFs pulled in $823.7 million from April 20 to April 24, while Ethereum ETFs attracted about $155 million over the same week.<\/p>\n<p>That helps explain why Bitcoin was able to rebound strongly from its earlier March range in the mid-$60,000s and move back near $78,000 to $80,000. Bitcoin recently came close to $80,000, reaching around $79,475 over the weekend before reversing, showing that sellers are still active.<\/p>\n<h2>A War That Crypto Cannot Ignore<\/h2>\n<p>The single biggest driver of crypto volatility in 2026 has been a conflict thousands of miles from any blockchain. The US-Iran conflict has been the biggest factor in how the cryptocurrency market has been facing mounting pressure.\u00a0<\/p>\n<p>The sudden onset of military conflict in February delivered an immediate and severe shock that pushed cryptocurrencies to their lows. However, earlier in April, Bitcoin jumped to an 11-week high in light of easing US-Iran tensions and talks of reopening the Strait of Hormuz.<\/p>\n<p>As it stands, US President Donald Trump\u2019s national security team is reviewing an Iranian peace plan to halt the war and open the Strait of Hormuz, and <a href=\"https:\/\/apnews.com\/article\/us-iran-war-hormuz-april-27-2026-374d81d1aac6d8f19c21e1d1e10ab103\" target=\"_blank\" rel=\"noopener\">Iran has offered<\/a> to end its chokehold on the strait if the US lifts its blockade and sanctions on the country.<\/p>\n<p>Bitcoin and Ethereum price fluctuations have largely tracked these ups and downs and worries over rising oil prices. <a href=\"https:\/\/www.aljazeera.com\/news\/liveblog\/2026\/4\/28\/iran-war-live-trump-reviews-peace-plan-un-calls-for-hormuz-to-reopen\" target=\"_blank\" rel=\"noopener\">An ongoing US naval blockade<\/a> and Iran continuing to seize ships suggest, however, that a reopening of the Strait of Hormuz is still far off.<\/p>\n<p>The third force behind the sharp swings is leverage, as crypto markets are heavily influenced by derivatives. For instance, the recent Bitcoin rally to $79,000 caught many traders off-guard, and over $200 million <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-catches-shorts-200m-liquidated-price-79000\/\" target=\"_blank\" rel=\"noopener\">worth of short positions<\/a> were liquidated. Buying pressure on the Bitcoin derivatives side has yet to simmer down, as on-chain data shows BTC net taker volume <a href=\"https:\/\/bitcoinist.com\/bitcoin-derivatives-buying-pressure-continues-rise\/\" target=\"_blank\" rel=\"noopener\">recently surged to<\/a> around $145 million.<\/p>\n<p>Ethereum has also seen aggressive derivatives activity. Recent data showed ETH futures open interest jumping 26% to about $25.4 billion. Ethereum buyers are also at their <a href=\"https:\/\/www.newsbtc.com\/ethereum-news\/ethereum-buyers-stepping-in-right-now-are-the-most-aggressive-since-early-2023-is-the-bottom-in\/\" target=\"_blank\" rel=\"noopener\">most aggressive buying spree<\/a> phase since early 2023.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin and Ethereum have spent the past few weeks moving like assets caught between two powerful forces.\u00a0On one side, institutional demand has returned through Spot ETFs, treasury purchases, and dip-buying from larger investors. On the other side, profit-taking and heavy derivatives positioning keep turning rallies into sudden pullbacks. ETF Demand Is Slowly Lifting Bitcoin And [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":157766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-157765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/157765"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=157765"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/157765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/157766"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=157765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=157765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=157765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}