Bitcoin falls back to $76,000 as Iran shuts Hormuz again

Bitcoin falls back to $76,000 as Iran shuts Hormuz again

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin falls back to $76,000 as Iran shuts Hormuz againOne of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight. Saturday afternoon as Iran reportedly reversed the Hormuz reopening.By Shaurya MalwaUpdated Apr 18, 2026, 11:37 a.m. Published Apr 18, 2026, 5:04 a.m. Make preferred on What to know: Bitcoin surged above $78,000 in a sharp short squeeze after Iran declared the Strait of Hormuz fully open and Donald Trump claimed Tehran agreed to an unlimited suspension of its nuclear program.The rally triggered about $762 million in crypto liquidations, mostly from short positions, with bitcoin accounting for roughly $382 million and ether $167 million, as funding rates had been negative for weeks.Traders are wa

Source: https://www.coindesk.com/markets/2026/04/18/bearish-bets-lose-usd593-million-as-bitcoin-jumps-with-iran-fully-opening-hormuz