Oil falls, Bitcoin jumps to $72K, but is this BTC price breakout for real?
Bitcoin rose toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100.
Last updated: 2026-04-08 10:40:55 ET
Bitcoin rose toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100.
West Texas Intermediate and Brent crude slid following the announcement of a temporary truce between the U.S. and Iran
The president temporarily suspended strikes on Iran, but Americans will continue paying more for an array of products because of higher energy costs.
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