Crypto Market Gains $90B as Bitcoin Tops $74K Driven by ETF Inflows, $353M Liquidations and Geopolitical Jitters

Global cryptocurrency market capitalization increased roughly $90 billion over 24 hours to about $2.49 trillion, with Bitcoin trading near $73,676 as it tested the $75,000 resistance; the $2.45 trillion level has converted into support and helped underpin further gains ^[1].

Industry reporting identified Bitcoin ETF capital inflows as a primary catalyst for the rally, noting that BlackRock’s iBIT attracted roughly $600 million, and that the sudden price move contributed to more than $353 million in liquidations of leveraged positions across derivatives markets ^{[2] [3]}.

Observers also pointed to macro and sentiment drivers: coverage described ‘war jitters’ as a factor in a third consecutive Monday rally, while technical commentators — including veteran trader Peter Brandt — flagged a ‘Horn’ chart pattern that has prompted discussion about the near-term structure of the rebound ^{[4] [5]}.

In the near term, the interplay of ETF flows, derivative liquidations and shifting technical signals has driven the market’s recovery; market participants are watching whether the new support thresholds and continued inflows sustain the rally ^{[1] [2] [3] [4] [5]}.