{"id":51705,"date":"2026-04-13T18:52:37","date_gmt":"2026-04-13T23:52:37","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=51705"},"modified":"2026-04-13T18:52:49","modified_gmt":"2026-04-13T23:52:49","slug":"bitcoin-price-skyrockets-6-past-75000","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-skyrockets-6-past-75000","title":{"rendered":"Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate"},"content":{"rendered":"
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Bitcoin price surged more than 5% in the evening of April 13, climbing near the $75,000 level and marking its strongest intraday move in a couple weeks as traders reacted to a mix of macro pressure and technical positioning.<\/p>\n\n\n\n

The rally follows several days of choppy trading<\/a>, with bitcoin price holding a tight range between roughly $68,000 support and $75,000 resistance amid geopolitical tension tied to U.S.\u2013Iran developments<\/a> over the last several weeks.\u00a0<\/p>\n\n\n\n

Earlier in the week, the asset slipped<\/a> toward $70,000 after the collapse of diplomatic talks and a U.S. naval blockade in the Strait of Hormuz, which drove oil prices higher and weighed on risk assets.<\/p>\n\n\n\n

The move also comes as broader markets remain under strain. Oil prices have surged above $100 per barrel following escalating tensions<\/a> in the Middle East, while expectations for near-term Federal Reserve rate cuts have diminished amid persistent inflation. Despite these headwinds, bitcoin has shown resilience, holding above $70,000 for most of the past week.<\/p>\n\n\n\n

Bitcoin price and Strategy\u2019s accumulation<\/h2>\n\n\n\n

Bitcoin price started the day trading near $70,000 and skyrocketed into Monday\u2019s close. Analysts had flagged a large cluster of leveraged short positions above the $72,000\u2013$73,500 range, creating conditions for a rapid upside move once resistance levels broke. As prices pushed higher through that band, liquidations accelerated the rally, sending bitcoin price toward the top of its multi-week range.<\/p>\n\n\n\n

On top of this, Strategy\u2019s STRC at-the-market (ATM) program reached a new milestone on April 13, 2026, as its preferred stock recorded<\/a> over $1 billion in single-day trading volume, with all activity occurring above the $100 par value required to trigger share issuance. <\/p>\n\n\n\n

This enabled the company to run its ATM program at full capacity throughout the session.<\/p>\n\n\n\n

Based on tracker estimates from Bitcoin for Corporations<\/em>, the volume generated roughly $796 million in proceeds in a single day, funding the potential purchase of about 10,834 BTC at an average price near $73,400. <\/p>\n\n\n\n

That figure represents more than 24 times the daily Bitcoin mining supply following the most recent halving.<\/p>\n\n\n\n

The surge follows a confirmed $1.001 billion in net ATM proceeds for the week of April 6\u201312, according to a recent SEC filing. <\/p>\n\n\n\n

During that period, Strategy acquired<\/a> 13,927 BTC at an average price of $71,902. The firm\u2019s capture rate \u2014 the share of eligible trading volume converted into proceeds \u2014 climbed to 81%, up from 45% in early March, reflecting more aggressive execution and strong market demand.<\/p>\n\n\n\n

Recent weeks show a clear acceleration, with multiple billion-dollar periods and rising efficiency in capital deployment. Monday alone approached 80% of the prior week\u2019s total proceeds, putting the current week on pace to become the largest in the program\u2019s history.<\/p>\n\n\n\n

Strategy now holds approximately 780,897 BTC, acquired at a total cost of about $59 billion. The STRC ATM program has generated more than $3.5 billion in proceeds to date, reinforcing the company\u2019s position as the largest corporate holder of Bitcoin and signaling continued expansion of its accumulation strategy.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price surged over 5% to near $75,000 after days of range-bound trading<\/p>\n","protected":false},"author":3817,"featured_media":51707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[475,132,5454,5440],"class_list":{"0":"post-51705","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-analysis","9":"tag-bitcoin-price","10":"tag-markets","11":"tag-strategy"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/04\/Bitcoin-Price-Skyrockets-6-Near-75000-as-Short-Liquidations-Accelerate.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/51705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=51705"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/51705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/51707"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=51705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=51705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=51705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}