# The largest cryptocurrency climbed about 2.4% over the past 24 hours.

*fintech · news · 2026-04-20 · CoinDesk*

## Key points

- Bitcoin held above $76,000 despite heightened Iran war risks and global financial volatility.
- Recent crypto rally is attributed to genuine demand and spot ETF inflows, not leverage.
- DeFi total value locked dropped $14 billion in two days after a $292 million KelpDAO hack.
- Aave saw around $10 billion in withdrawals, linking its vulnerability to the KelpDAO exploit.
- DeFi TVL is at a year-low, about 50% below October peaks, signaling user risk aversion.

**Companies:** Coinbase, Strategy
**Countries:** Iran, United States

[Read the full story on CoinDesk](https://www.coindesk.com/markets/2026/04/20/bitcoin-bounces-above-usd76-000-as-defi-suffers-usd14-billion-exodus-after-kelpdao-hack)

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