Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound

Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines. What to know : Bitcoin, holding above $77,000 and up over 13% in April, is on pace for its strongest monthly performance in a year after a prolonged losing streak. A sharp increase in the supply of Tether’s USDT stablecoin to nearly $150 billion is boosting liquidity in crypto markets. Traders are watching whether bitcoin can break through the $79,000 resistance level, with the upcoming Federal Reserve meeting likely to determine if the rally extends or stalls.