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Oil falls, Bitcoin jumps to $72K, but is this BTC price breakout for real?

Apr 08, 2026 10:30 UTC

Bitcoin moved back toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100..

  • Bitcoin rose toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100
  • Cointelegraph in your social feed Bitcoin (BTC) surged to $72,700 during Tuesday’s New York trading session as oil fell below $100 per barrel after US President Donald Trump confirmed a two-week ceasefire with Iran
  • Key takeaways: Bitcoin bounced 7% to $72,700 on Tuesday after the US and Iran agreed to a two-week ceasefire

Bitcoin rose toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100. Cointelegraph in your social feed Bitcoin (BTC) surged to $72,700 during Tuesday’s New York trading session as oil fell below $100 per barrel after US President Donald Trump confirmed a two-week ceasefire with Iran. Key takeaways: Bitcoin bounced 7% to $72,700 on Tuesday after the US and Iran agreed to a two-week ceasefire. Over $431 million in short positions have been liquidated in the last 24 hours. Traders say Bitcoin price must decisively break the

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