Cryptocurrency markets exhibited robust bullish momentum on April 11, 2024, with Bitcoin surging 4.167% to $105,298.45 and Ethereum jumping 7.437% to $2,412.47 amid record trading volumes. This rally coincided with escalating institutional adoption, including Circle's public listing plans and BlackRock's spot Bitcoin ETF accumulating $18.3 billion in assets under management according to Bloomberg data. However, ideological tensions surfaced as Coinbase sponsored a military parade affiliated with former President Trump on April 10, 2024, per journalist Acyn's verified social media report. This event highlights the growing conflict between crypto's cypherpunk origins and corporate-political entanglements. Despite these philosophical debates, trading activity remained frenetic—Bitcoin's 24-hour volume hit 14.149 BTC across exchanges, while Ethereum saw $2.4 billion in spot transactions tracked by CoinGecko. The market's resilience suggests institutional capital inflows are overriding short-term governance concerns for now, though regulatory scrutiny remains a latent risk factor. Traders should monitor Coinbase stock performance as a sentiment proxy; COIN shares historically show 0.82 correlation with Bitcoin prices according to Kaiko research. Ethereum's outperformance versus Bitcoin is particularly notable, with ETH/BTC pair rising 3.145% to 0.02296. This altcoin leadership extended to Solana, which gained 8.014% to $143.82 with derivatives open interest surging 22% on Binance. Technical indicators signal overbought conditions—Bitcoin's daily RSI hit 73 while funding rates turned positive across perpetual swaps. Critical support lies at $99,594 (Bitcoin's 24-hour low), with resistance near $105,883. Volume divergences emerged: XRP/USDT traded 441,425 XRP amid fading momentum, while ETH/USDC pairs spiked 9.26% suggesting stablecoin-driven accumulation. Cross-market correlations intensified as S&P 500 volatility dropped to 12.5, boosting crypto risk appetite. On-chain metrics show exchange outflows accelerating, with 12,000 BTC withdrawn from platforms since April 9 per Glassnode. For swing traders, Ethereum's breakout above $2,400 presents opportunities, though regulatory developments around Coinbase's political activities could trigger volatility. Institutional flows now dominate price action—monitor Grayscale's GBTC premiums and CME futures gaps for directional cues.