Bitcoin Stays Weaker After U.S.-Iran Peace Talks Collapse — Market Talk
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Bitcoin stays under pressure after weekend talks between the U.S. and Iran broke down, dampening demand for risky assets. President Trump said that a U.S. blockade on vessels entering or leaving Iranian ports would take effect at 10 a.m. Eastern Daylight Time. "Even if navigation for non-Iranian ports is technically allowed, the market hears one thing, higher friction in the world's key energy chokepoint," Marex crypto analysts say in a note. Higher oil prices and yields as a result of the blockade cause cryptocurrencies to trade like liquidity assets, she says.Bitcoin falls 0.7% to $70,868, LSEG data show. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260413002894:0/
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