Bitcoin rises past $76,000, aiming at major breakout as oil plunges on Iran cooldown

Bitcoin rises past $76,000, aiming at major breakout as oil plunges on Iran cooldown

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin rises past $76,000, aiming at major breakout as oil plunges on Iran cooldownIran's foreign minister said the Strait of Hormuz will remain completely open for the remainder of the ceasefire.By Stephen AlpherUpdated Apr 17, 2026, 1:27 p.m. Published Apr 17, 2026, 1:08 p.m. Make preferred on Strait of Hormuz reopening sends BTC higher (Gerhard Traschütz/Pixabay)What to know: Bitcoin again pushed past $76,000 as Iran's foreign minister declared the Strait of Hormuz open, drawing a positive response from President Trump.The price of oil plunged nearly 10% alongside.The $76,000 area has proven to be stiff resistance, but a sustained break above could set the stage for an even larger rally.The price of bitcoin BTC$77,480.06 has again pu

Source: https://www.coindesk.com/markets/2026/04/17/bitcoin-rises-past-usd76-000-aiming-at-major-breakout-as-oil-plunges-on-iran-cooldown