₱259.1B
₱2.6B
₱60.09
₱59.77
Strategy's STRC perpetual preferred stock hit a single-day volume record of ₱93.98 billion ($1.57 billion) on Tuesday, April 14. The automated conversion mechanism absorbed an estimated 16,762 BTC in one session—37 times the daily mined Bitcoin supply.
Market expert Darkfost argues a structural shift may be underway, with flows moving through alternative mediums such as ETFs rather than traditional exchanges, reducing visible BTC movements toward crypto platforms.
Bitcoin rallied over 5% on Tuesday to an intraday high of ₱4,577,196 ($76,120), breaking above its March highs and clearing the ₱4,509,849 ($75,000) zone where the 100-day exponential and simple moving averages converge. Daily transaction count reached 765 million on April 5, up 62% in 2026 and matching activity from November 2024.
Trump's pro-crypto executive orders and regulatory appointments have supported the industry, but his daily shocks on tariffs and geopolitical threats are overwhelming those gains.
Bitcoin rebounded to $67,000–$68,000 within hours of detecting a rare bid-side imbalance near $65,000 on Sunday. The setup targets $71,000 where ₱96.91 billion ($1.6 billion) in short liquidations await, contingent on daily chart support at $66,700 holding.