Bitcoin Spikes Over $72K as Trump Announces Conditional Ceasefire With Iran

Bitcoin Spikes Over $72K as Trump Announces Conditional Ceasefire With Iran

Bitcoin Spikes Over $72K as Trump Announces Conditional Ceasefire With Iran Price data byDecryptNewsMarketsBitcoin Spikes Over $72K as Trump Announces Conditional Ceasefire With IranCrypto prices jumped on the announcement of a two-week ceasefire and the reopening of the Strait of Hormuz—but macro events loom.By Akash GirimathEdited by Stephen GravesApr 8, 2026Apr 8, 20264 min readSource: DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Bitcoin jumped to highs over $72,000 as U.S. President Donald Trump announced a two-week ceasefire with Iran. U.S. oil dropped 22% from $117 to $91 per barrel, as the ceasefire allows for the reopening of the Strait of Hormuz. Analysts argued the truce provides "fragile breathing room," noting gaps in the ceasefire agreement and pointing to incoming macro events.

Source: https://decrypt.co/363611/bitcoin-spikes-over-72k-as-trump-announces-conditional-ceasefire-with-iran