Bitcoin Pushes Back Above $100,000 CAD. Investors Are Watching Closely.
Despite renewed U.S.-Iran tensions over the weekend, Bitcoin rallied back above the $100,000 CAD mark this week, driven by strengthening institutional demand and a resilient bid in Bitcoin ETF markets. The recovery signals that buyers have been willing to step in on dips, even as geopolitical headlines continue to generate short-term pressure.
On Sunday, the U.S. seized an Iranian cargo ship near the Strait of Hormuz, briefly unsettling markets. Bitcoin opened Monday morning lower before recovering quickly as ceasefire negotiations between the two sides showed signs of progress, with both parties agreeing in principle to extend talks.
Ethereum also posted meaningful gains on the week, while gold continued to hold near record territory as oil prices pulled back and the U.S. dollar weakened, creating a supportive backdrop for both hard assets and crypto.
RapidEX makes it simple to act on these moves, with fast funding, real human support, and access to your crypto at 100+ Canadian locations.
Market Intelligence & Action
Weekly Snapshot (Apr 13–Apr 20, 2026)
Crypto markets showed meaningful strength this week as Bitcoin climbed back above $100,000 CAD and Ethereum extended its recent recovery. Institutional ETF demand continued to support the bid despite renewed geopolitical flare-ups. Gold held near record levels as oil prices pulled back and the U.S. dollar softened, while silver climbed on a combination of safe-haven and industrial demand.
| Asset | Week Open (CAD) | Current Level (CAD) | 7-Day Trend |
|---|---|---|---|
| Bitcoin (BTC | $97,500 | $103,000 | +5.6% |
| Ethereum (ETH) | $3,020 | $3,200 | +6.0% |
| Litecoin (LTC) | $76 | $78 | +2.6% |
| USD Coin (USDC) | $1.39 | $1.38 | 0.0% |
| Gold (XAU/oz) | $6,540 | $6,680 | +2.1% |
| Silver (XAG.oz) | $104 | $110 | +5.8% |
This Week’s Updates
1. Macro: Ceasefire Talks Extend, Markets Find Footing
Macro sentiment improved through the week as U.S.-Iran ceasefire negotiations showed renewed progress, with both parties agreeing in principle to extend diplomatic talks. Oil prices pulled back meaningfully on the news, easing inflation pressure that had kept rate-cut expectations suppressed. The U.S. dollar also softened near six-week lows, creating a favorable backdrop for hard assets including gold and crypto. Equities recovered alongside the risk-on shift, though markets remain cautious given how quickly the situation reversed the previous week.
Pro Tip: Weeks like this illustrate why staying invested through volatile headlines often produces better outcomes than reacting to each piece of news. The investors who held through last week’s dip are seeing the benefit this week.
2. Industry News: Bitcoin ETF Demand Drives Recovery Through $100K CAD
Bitcoin pushed back above the $100,000 CAD level this week, supported by sustained institutional buying through spot ETF products. Despite a rocky Monday open following the seizure of an Iranian cargo vessel, prices recovered quickly as ETF inflows continued to provide a structural floor under the market. Ethereum also performed well, gaining over 6% on the week as on-chain activity improved and broader market sentiment turned more constructive. Bitcoin dominance remains elevated above 59%, reflecting continued investor preference for the asset during periods of macro uncertainty.
Market Insight: The fact that Bitcoin is reclaiming $100K CAD during a period of ongoing geopolitical stress points to how much the institutional landscape has changed. Consistent ETF demand is providing a level of support the market did not have in previous cycles.
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The RapidEX Knowledge Centre
What Is Dollar Cost Averaging and Why Do Crypto Investors Use It?
Dollar cost averaging, or DCA, is one of the most widely used strategies for investing in volatile assets like Bitcoin. Instead of trying to time the market with a single large purchase, you invest a fixed amount at regular intervals regardless of the price. Over time, this approach smooths out the impact of market swings on your overall cost basis.
How It Works: If you invest $200 every two weeks into Bitcoin, you will buy more when prices are low and less when prices are high. Over time, your average purchase price tends to be lower than if you had invested a lump sum at a single point in time.
Remove Emotion: One of the biggest challenges for crypto investors is making rational decisions during volatile markets. DCA removes the pressure of trying to find the perfect entry point, replacing it with a simple, repeatable process that works regardless of short-term price movements.
Works at Any Budget: DCA does not require large capital. Even small, consistent purchases over months or years can build a meaningful position. The discipline of regular buying is often more valuable than the size of any single trade.
The RapidEX View: In a market environment shaped by geopolitical headlines and rapid price swings, DCA is one of the most practical strategies available to everyday investors. RapidEX makes it easy to buy consistently with simple funding options, competitive pricing, and no minimum trade size requirements.
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