{"id":8356,"date":"2026-04-13T14:25:36","date_gmt":"2026-04-13T14:25:36","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8356"},"modified":"2026-04-13T14:25:36","modified_gmt":"2026-04-13T14:25:36","slug":"bitcoin-holds-above-70k-support-as-geopolitical-tensions-weigh-on-market-sentiment","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8356","title":{"rendered":"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment"},"content":{"rendered":"

<\/p>\n

\n
\n
\n\"What\n<\/picture> <\/div>\n<\/p><\/div>\n

Key takeaways<\/span><\/p>\n

    \n
  • BTC is down 1% in the last 24 hours and is now trading below $71,000.<\/span><\/li>\n
  • The ongoing geopolitical tensions and the inflation fears continue to weigh on market sentiments.\u00a0<\/span><\/li>\n<\/ul>\n

    Bitcoin (BTC) is starting the week on shaky ground, hovering near the critical $70,700 support level on Monday. A decisive break below this zone could open the door to a broader correction.\u00a0<\/span><\/p>\n

    Geopolitical tensions dent risk appetite<\/h2>\n

    The primary catalyst behind the poor performance is the geopolitical tension between the United States and Iran.\u00a0<\/span><\/p>\n

    Efforts to reach a resolution between the United States and Iran ended without progress, following talks in Pakistan that failed to produce a ceasefire agreement. US Vice President JD Vance described the proposal as a final offer, which Iran rejected, with state media citing excessive demands.<\/span><\/p>\n

    Furthermore, US President Donald Trump announced plans for a naval blockade of the Strait of Hormuz, threatening to disrupt a fragile ceasefire. At the same time, ongoing Israeli military activity in Lebanon has heightened fears of a wider regional escalation.<\/span><\/p>\n

    Macroeconomic pressures are also limiting Bitcoin\u2019s upside. Fresh data from the US Bureau of Labor Statistics showed inflation accelerating sharply, with the Consumer Price Index rising 0.9% in March\u2014its fastest monthly increase in four years. On an annual basis, inflation climbed to 3.3%, up from 2.4% in February.<\/span><\/p>\n

    The data has prompted investors to scale back expectations for Federal Reserve rate cuts, reinforcing a more hawkish outlook.\u00a0<\/span><\/p>\n

    Despite the current market conditions, institutional demand provided a degree of support last week. Data from SoSoValue shows spot Bitcoin ETFs recorded inflows of $786.31 million, building on modest gains from the prior week.\u00a0<\/span><\/p>\n

    If the institutional inflow increases, it could help stabilize prices and potentially drive a rebound in the near term.<\/span><\/p>\n

    Bitcoin price outlook: BTC approaches a crucial support level<\/h2>\n

    The BTC\/USD 4-hour chart is bearish and efficient as Bitcoin is approaching a crucial support level.\u00a0<\/span><\/p>\n

    Bitcoin recently found support near its 200-week exponential moving average around $68,100 and posted a modest weekly gain. As of Monday, BTC is trading just above $70,700.<\/span><\/p>\n

    If bullish momentum builds, Bitcoin could target a move toward $74,500, which marks its 2025 yearly low. Indicators suggest early signs of stabilization, with the Relative Strength Index trending upward and the MACD signaling a bullish crossover on the weekly chart.<\/span><\/p>\n

    \"BTC\/USD<\/p>\n

    However, Bitcoin continues to face resistance from key moving averages, including the 50-day, 100-day, and 200-day levels.<\/span><\/p>\n

    If the daily candle closes above the 50-day EMA near $70,700, it could open the path toward $72,500 and beyond.\u00a0<\/span><\/p>\n

    On the downside, failure to hold this level could see BTC slide toward the $65,800 support zone.<\/span><\/p>\n

    \n
    \n
    Share this article<\/h6>\n
    \n
    Categories<\/h6>\n
    \n
    Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n

    Analysis,Bitcoin Price#Bitcoin #holds #70K #support #geopolitical #tensions #weigh #market #sentiment1776090336<\/p>\n","protected":false},"excerpt":{"rendered":"

    Key takeaways BTC is down 1% in the last 24 hours and is now trading below $71,000. The ongoing geopolitical tensions and the inflation fears continue to weigh on market sentiments.\u00a0 Bitcoin (BTC) is starting the week on shaky ground, hovering near the critical $70,700 support level on Monday. A decisive break below this zone<\/p>\n","protected":false},"author":1,"featured_media":8357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-8356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\nBitcoin holds above $70K support as geopolitical tensions weigh on market sentiment - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.\" \/>\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=8356\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment\" \/>\n<meta property=\"og:description\" content=\"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8356\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-13T14:25:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates-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=8356\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8356\",\"name\":\"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png\",\"datePublished\":\"2026-04-13T14:25:36+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8356#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8356\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8356#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment - Crypto News: Latest Cryptocurrency News and Analysis","description":"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=8356","og_locale":"en_US","og_type":"article","og_title":"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment","og_description":"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.","og_url":"https:\/\/cryptonews.uk.com\/?p=8356","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-04-13T14:25:36+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates-1024x683.png","type":"image\/png"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=8356","url":"https:\/\/cryptonews.uk.com\/?p=8356","name":"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png","datePublished":"2026-04-13T14:25:36+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"Bitcoin holds above $70,000 as geopolitical tensions and a possible hawkish Fed move weigh on the market sentiment.","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=8356#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=8356"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=8356#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-drops-as-Iran-conflict-escalates.png","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=8356#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/8356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8356"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/8356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/8357"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}