BroadChain News, April 27 at 13:30, according to BeInCrypto, the total cryptocurrency market cap rose 0.69% on Monday to $2.62 trillion, adding $17.93 billion in 24 hours. Bitcoin (BTC) was reported at $79,242, up 0.72%; Pudgy Penguins (PENGU) led the top 100, surging nearly 16% in 24 hours, with a 30-day gain of 55.5%.
The upward momentum came from four consecutive weeks of net inflows into spot Bitcoin ETFs. From April 20 to 24, Bitcoin ETFs saw net inflows of $824 million, while Ethereum ETFs recorded net inflows of $155 million. Meanwhile, capital rotated from U.S. stocks to crypto assets, as U.S. stocks closed lower last week due to uncertainties over the Iran ceasefire and pressure from oil prices approaching $100.
The key resistance level is at $2.63 trillion (0.786 Fibonacci zone), with a target of $2.74 trillion after a breakout; if it fails, the first support is at $2.55 trillion (0.618 Fibonacci), followed by $2.48 trillion. Bitcoin faces a volume-price divergence risk at $78,994 (0.5 Fibonacci)—prices are rising but volume peaks are declining. The Wednesday FOMC decision will determine the direction. PENGU encountered resistance at $0.0102 and pulled back, with declining volume indicating cooling momentum, and support at $0.0090.
