The Bitcoin price surged past $73,000 in the past week, indicating an improved 
investor risk appetite despite the overwhelming sentiment. This recent rally 
has been attributed to several factors, but most notably the announcement of a 
temporary ceasefire in the US-Iran conflict. With the rise in the spot market, 
other pricing models are emerging with key implications for future market 
movements. Related Reading: Bitcoin Surges To $72,000, But Remains Stuck In 
Key Supply Zone Bitcoin Maintains Key Support At $54K &#8211; Details Prominent 
analytics firm Glassnode shared an update on the important on-chain price 
models following the latest market rally. Notably, these models track the 
average acquisition costs of different cohorts, providing a framework for 
identifying support, resistance, and overall market health. As Bitcoin’s spot 
price rose to $71,800, the Short-Term Holder (STH) Cost Basis was valued at 
$81,300, representing the average purchase price of recent market entrants 
over the last 155 days. Historically, this level has served as a key sentiment 
gauge, as short-term holders are the most reactive investor cohort. With 
prices below this level, short-term investors are largely underwater and are 
likely to increase sell pressure on potential rebounds, thus forming a key 
market resistance level. Similarly, the Active Investors Mean, positioned at 
$85,000, remains significantly above the current spot price. This metric 
reflects the average cost basis of economically active market participants and 
often serves as a proxy for broader market confidence. With Bitcoin still 
significantly away from this level, the majority of active capital is holding 
at a loss, resulting in heavy market caution. Another critical price metric 
highlighted by Glassnode is the True Market Mean at $78,000, which represents 
a more refined estimate of the market’s fair value by adjusting for lost coins 
and inactive supply. Trading below this level indicates that Bitcoin remains 
in a discount zone relative to its adjusted economic baseline. However, the 
Realized Price, currently at $54,200, continues to provide strong structural 
support on the macro scale. This level reflects the average on-chain 
acquisition price of all circulating Bitcoin and typically represents the 
market capitulation threshold. With spot price holding well above this 
threshold, the long-term bullish structure remains intact despite the recent 
prolonged correction. Related Reading: Capital Is Rotating From Bitcoin To 
Ethereum – On-Chain Data Shows It Is Not Over Bitcoin Price Overview At press 
time, Bitcoin is valued at $72,700, up 10% over the last week. According to 
Glassnode’s analysis, the next critical resistance level lies around $78,000, 
breaking past which could signal a solid bullish recovery. Featured image from 
Pixabay, chart from Tradingview

Bitcoin Surges 10% In A Week: Key Levels To Watch

WLFI fell to a record low after wallets tied to the project used 5 billion 
tokens to borrow $75 million in stablecoins.

WLFI drops to record low after token-backed loan draws ccrutiny

Treasury Secretary Scott Bessent and Fed Chair Jerome Powell convened an 
urgent meeting with Wall Street leaders this week, bypassing the routine 
briefing cadence and pulling bank CEOs into a direct conversation about AI- 
driven cyber risk. Reports noted that the meeting aimed to ensure banks 
understood the risks posed by Mythos and similar models and […]
The post Why Fed and Treasury leaders Powell, Bessent just rushed into a 
critical cyber-risk meeting appeared first on CryptoSlate.

Why Fed and Treasury leaders Powell, Bessent just rushed into a critical cyber-risk meeting

Aethir said it contained an ATH bridge hack, kept Ethereum supply intact, and 
limited user losses to under $90,000.

Aethir Contains Bridge Hack While Losses Stay Below $90K

Bitcoin rose above $73,000, Ethereum reclaimed $2,200, and total crypto market 
value reached $2.53 trillion on April 11.

Cryptocurrency price in GBP