{"id":8220,"date":"2026-04-08T14:24:50","date_gmt":"2026-04-08T14:24:50","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8220"},"modified":"2026-04-08T14:24:50","modified_gmt":"2026-04-08T14:24:50","slug":"bitcoin-recovers-as-us-and-iran-agree-a-ceasefire-deal","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8220","title":{"rendered":"Bitcoin recovers as US and Iran Agree a Ceasefire Deal"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM.png\" alt=\"A trader celebrating a bullish Bitcoin chart\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p>Key takeaways<\/p>\n<ul>\n<li>BTC is up 4% and is now trading above $71k.<\/li>\n<li>The rally could push Bitcoin\u2019s price above $76k for the first time since March 16.<\/li>\n<\/ul>\n<h2>Bitcoin and crypto market surge following U.S.-Iran ceasefire announcement<\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin (BTC), Ethereum (ETH), and the broader cryptocurrency market experienced a significant rise over the last 24 hours after the U.S. and Iran reached a ceasefire agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, Bitcoin was trading at approximately $71,640, up 4.3% in the last 24 hours. Earlier in the day, the cryptocurrency briefly surpassed $72,700, marking its highest value since March 18.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum gained 6.7%, reaching $2,257, while XRP increased 5.8% to $1.37. Solana surged 6.5%, hitting $84.81. The overall crypto market was up 3.95% during the same period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The surge coincided with President Donald Trump\u2019s announcement that the U.S. and Iran had agreed to a two-week \u201cdouble-sided ceasefire.\u201d Trump, who had previously warned of a possible military response if Iran failed to reopen the Strait of Hormuz, emphasized that the ceasefire was a result of having met all military objectives and being close to a long-term peace agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Iran\u2019s official statement confirmed its commitment to allowing safe passage through the Strait of Hormuz, the world\u2019s most vital oil trade route. This had previously caused significant volatility in global oil prices and disrupted supply chains.<\/span><\/p>\n<h2>BTC eyes $76k as bullish momentum persists<\/h2>\n<p><span style=\"font-weight: 400;\">The BTC\/USD 4-hour chart remains bearish and efficient despite the recent rally. The leading cryptocurrency has surpassed the $69,200 resistance level and could challenge the swing high of $76,000 over the next few hours or days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The momentum indicators show that the bulls are currently in control of the market. The Relative Strength Index (RSI) on the 4-hour chart reads 70, approaching the overbought condition, indicating that the bulls are in control.<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-363997\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/BTCUSD_2026-04-08_14-56-45.png\" alt=\"BTC\/USD 4H Chart\" width=\"1793\" height=\"836\"\/><\/p>\n<p><span style=\"font-weight: 400;\">The MACD lines are also within the positive territory, reaffirming the bullish bias. If the rally persists, BTC could retest the $76,000 resistance level for the first time since March 16. Surpassing this resistance level would pave the way for Bitcoin to surge toward the $80k psychological zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bulls fail to capitalize on this rally, Bitcoin will find immediate support around the Tuesday low of $67,719.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,Bitcoin Price#Bitcoin #recovers #Iran #Agree #Ceasefire #Deal1775658290<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways BTC is up 4% and is now trading above $71k. The rally could push Bitcoin\u2019s price above $76k for the first time since March 16. Bitcoin and crypto market surge following U.S.-Iran ceasefire announcement Bitcoin (BTC), Ethereum (ETH), and the broader cryptocurrency market experienced a significant rise over the last 24 hours after<\/p>\n","protected":false},"author":1,"featured_media":8221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-8220","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin recovers as US and Iran Agree a Ceasefire Deal - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin is trading above $71k after the United States and Iran agree a ceasefire deal, with the bulls now eyeing the $76k resistance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8220\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin recovers as US and Iran Agree a Ceasefire Deal\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is trading above $71k after the United States and Iran agree a ceasefire deal, with the bulls now eyeing the $76k resistance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8220\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T14:24:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8220\",\"name\":\"Bitcoin recovers as US and Iran Agree a Ceasefire Deal - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM.png\",\"datePublished\":\"2026-04-08T14:24:50+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Bitcoin is trading above $71k after the United States and Iran agree a ceasefire deal, with the bulls now eyeing the $76k resistance.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8220\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-8-2026-02_56_36-PM.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8220#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin recovers as US and Iran Agree a Ceasefire Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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