Daily Crypto Signals: Bitcoin Surges Past $72K, XRP Faces Supply Shock as Institutions Accumulate

Quick overview

US-Iran ceasefire sends Bitcoin BTC/USD above $72,000 for the first time in 20 days, while institutional investors quietly pour over $200 million into XRP XRP/USD amid cratering exchange liquidity — setting the stage for a potential supply shock.

Crypto Market Developments

After weeks of volatility, the cryptocurrency market stabilized this week thanks to a combination of institutional confidence and geopolitical respite. Bitcoin ETF inflows reached their highest single-day total since February, a surprise US-Iran ceasefire agreement pushed risk markets higher, and huge financial institutions have been covertly amassing XRP at a scale that analysts believe might cause a serious supply constraint. Regulators on both sides of the Pacific are tightening their hold on the sector, with the SEC sending a historic proposal for a safe harbor for cryptocurrencies to the White House for consideration and South Korea changing exchange oversight regulations.

Bitcoin Soars to $72,000 on US-Iran Ceasefire

Following reports that the US and Iran had reached a two-week ceasefire, Bitcoin increased 2.6% in an hour, breaking $72,000 for the first time since March 18. Iran’s Supreme National Security Council quickly confirmed its acceptance of President Trump’s announcement on Tuesday that military actions against Iran will be suspended. The action reduced global tensions that had significantly impacted riskier assets, such as cryptocurrency. Just one day prior, the Crypto Fear & Greed Index had recorded a “Extreme Fear” score of 11, highlighting how cautious investors had grown. This made the relief rally much more pronounced when it did occur.

According to SoSoValue, US-listed spot Bitcoin ETFs had net inflows of $471 million on April 6, the highest amount since late February. Leading the way were Fidelity’s Wise Origin Bitcoin Fund and BlackRock’s iShares Bitcoin Trust, with ARK 21Shares making a significant contribution as well. After weeks of net outflows, the total assets under management across Bitcoin ETFs have risen back above $90 billion, indicating a return of institutional capital. However, analysts warn that if things worsen, the recovery may still be hampered by impending inflation statistics and more general macroeconomic signals.

Institutional Investors Accumulate XRP, Supply Shock Ahead?

Even though XRP has lost six straight months since October 2025 and is currently trading close to $1.30, institutional investors seem to be placing a sizable wager on the cryptocurrency. Major financial players have already committed over $200 million to XRP, according to a study published on April 4 by market analyst @CryptoCupra, which described this as “only the beginning.” With more than 83.63 million XRP tokens, or more than $153 million, Goldman Sachs is in the lead, while Millennium Management has about 12.54 million tokens, or about $23 million. The analyst contends that regular retail purchasing activity is fundamentally different from this kind of purposeful accumulation by institutional entities, who possess the means to significantly impact supply dynamics.

Given the worsening liquidity difficulties on major exchanges, the timing of this accumulation is noteworthy. According to reports, XRP’s 30-day liquidity index on Binance has reached zero, with trading volumes plummeting from $200 million in January 2025 to almost nothing as of right now. Tokens from exchange reserves have been further depleted by XRP holders’ separate boycott of Coinbase. Analysts caution that circumstances for a supply shock, in which purchasing pressure exceeds what sellers are prepared to offer, can quickly develop when institutional demand keeps rising and available supply on exchanges declines. It remains to be seen if that results in a price trigger, but market observers are paying more and more attention to the structural arrangement.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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