Cryptocurrencies enjoyed another positive week as the ceasefire between the U.S. and Iran held and investor sentiment towards risk assets improved.
Bitcoin (CRYPTO: $BTC) closed out its fourth consecutive weekly gain as both retail and institutional investors moved money back into digital assets.
BTC was at $77,500 U.S. on April 24, up 4% on the week. On April 22, the price briefly touched $80,000 U.S. before retreating.
• Ripple, The Company Behind XRP, Is Valued At $50 Billion
Other cryptocurrencies also saw gains in recent days, with Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), and XRP (CRYPTO: $XRP) each rising amid bullish indicators.
Investors turned back to both stocks and crypto as crude oil prices moderated with tensions appearing to ease in the Middle East.
At the same time, investors’ spirits seemed to get a lift from strong corporate earnings from companies such as Intel (NASDAQ: $INTC) and American Express (NYSE: $AXP), among others.
Several prominent names in the crypto space called an end to the “crypto winter” that had been ongoing since last autumn, including Strategy (NASDAQ: $MSTR) Chairman Michael Saylor.
Here’s what else happened in the crypto sector over the past week:
Bitcoin ETFs Attract $2 Billion: U.S. spot Bitcoin exchange-traded funds (ETFs) logged eight straight days of capital inflows totaling $2.10 billion U.S. Bitcoin ETFs are on their longest win streak since logging nine days of inflows in October 2025, a run that led BTC to hit its all-time high of just over $126,000 U.S.
Strategy Surpasses BlackRock In Bitcoin Holdings: Strategy (NASDAQ: $MSTR) now holds more Bitcoin than BlackRock’s (NYSE: $BLK) market leading iShares Bitcoin Trust exchange-traded fund (ETF). Strategy, which is the world’s largest corporate owner of Bitcoin, now has total holdings of 815,061 BTC, worth $62.35 billion U.S. In contract, the iShares Bitcoin Trust (NASDAQ: $IBIT) holds 802,824 BTC, leaving Strategy ahead by more than 12,000 tokens.
Morgan Stanley Becomes Stablecoin Reserve Manager: Wall Street investment bank Morgan Stanley (NYSE: $MS) is moving into stablecoins as it grows its digital asset business. The firm's investment management arm launched a new “Stablecoin Reserves Portfolio.” The new product is a government money market fund designed for issuers of stablecoins who need a regulated, safe place to store the reserves that back their tokenized versions of fiat currencies.