BTC Hits $75K Amid $292M KelpDAO Exploit | Flash News Detail | Blockchain.News
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4/20/2026 2:01:00 PM

BTC Hits $75K Amid $292M KelpDAO Exploit

BTC Hits $75K Amid $292M KelpDAO Exploit

Bitcoin surges to $75,232 as Elon Musk ignites asteroid meme frenzy and DeFi reels from $292M KelpDAO hack, shaking crypto markets.

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Bitcoin climbs to $75,232, aligning with its bullish trajectory, while Elon Musk's nod to an asteroid meme explodes in viral hype, and the DeFi sector absorbs a brutal hit from a $292 million exploit in KelpDAO, underscoring vulnerabilities in decentralized finance amid rising BTC price prediction debates and potential crypto market crash risks.

From a technical confluence standpoint, BTC trades at $75,232.68 in a confirmed bullish structure, holding above the EMA50 at $74,471.94 and the EMA200 at $71,761.84, which act as rock-solid long-term supports. Momentum sits neutral with RSI(14) at 50.65, but the MACD(12,26) death cross at 15.53 signals bearish pressure building—price squeezes inside the Bollinger Bands, testing upper resistance at $77,825.34 while lower support at $73,784.18 looms as a volatility exhaustion zone. Expect a tactical pullback to that EMA50 level before bulls regroup for the next leg up, especially if DeFi shocks ripple into broader Bitcoin sentiment.


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