Ceasefire lifts bitcoin, but animal spirits may not return just yet

Ceasefire lifts bitcoin, but animal spirits may not return just yet

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCeasefire lifts bitcoin, but animal spirits may not return just yetBitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran and Morgan Stanley’s landmark ETF debut restore market confidence.By Omkar Godbole, Francisco Rodrigues|Edited by Oliver KnightUpdated Apr 8, 2026, 11:41 a.m. Published Apr 8, 2026, 11:15 a.m. Make preferred on Top crypto movers (CoinDesk Data)What to know: Iran and the U.S. agreed to a ceasefire, sending BTC to $71,600.Oil plunged 16% to $95 as the Strait of Hormuz reopened.Markets priced out all 2026 rate cuts, but crypto stayed bid.Morgan Stanley’s bitcoin ETF debuts today, boosting institutional adoption.Bitcoin cleared its 50-day average, eyeing a move toward $76,100.The crypto

Source: https://www.coindesk.com/markets/2026/04/08/ceasefire-lifts-bitcoin-but-animal-spirits-may-not-return-just-yet