Bitcoin Holds $78.3K After $78,101 Peak on Tech ATHs, Capping 12% April Rally
Bitcoin held around $78.3K on May 1, 2026, after an intraday peak of $78,101 amid S&P 500 (7,246) and Nasdaq (27,644) all-time highs, sealing April's 11.9-12% monthly rally—its strongest in a year. The surge began April 7 near $69,500 on Trump's Iran warning and $250M short liquidations, accelerated to $75K by April 14 amid U.S.-Iran negotiation hopes, stabilized near $74.8K post-April 16 ceasefire, and rebounded from $75.7K April 30 open despite escalation fears. Momentum tracked equity rallies, $14.8M BTC ETF inflows, $286M liquidations, and $1.5B $80K Deribit calls, even as 3.5% PCE inflation loomed.