"Bitcoin climbed to an 11-week high above $79,000 on April 22, 2026, after President Trump extended the U.S.-Iran ceasefire indefinitely, easing fears of renewed conflict in the Middle East."
"The announcement removed the immediate threat of resumed conflict near the Strait of Hormuz, where U.S. blockades and attacks had sustained elevated tension, allowing Bitcoin to recover from its year's low."
"Bitcoin opened near $76,342 and reached an intraday high at $79,214 before settling around $78,800, marking a 4.1% increase on the day with trading volume exceeding $47 billion."
On April 22, 2026, Bitcoin surged past $79,000, marking an 11-week high following President Trump's indefinite extension of the U.S.-Iran ceasefire. This decision alleviated concerns over potential conflict in the Middle East, positively impacting global markets. Bitcoin's price opened at approximately $76,342 and peaked at $79,214, closing around $78,800. The trading volume exceeded $47 billion, indicating strong market activity. U.S. equities also rose, with the S&P 500 nearing record highs, driven by gains in technology and AI sectors.
Read at news.bitcoin.com
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