"Bitcoin peaked at $78,446 around 1:15 a.m. EST, completely reversing losses made since April 20, when it tumbled below $74,000. The surge brought its weekly gains to 5.5% and more than 15% since the beginning of the month."
"Trump stated that the extension of the ceasefire was intended to give the fractured Iranian leadership time to come up with a unified proposal, while maintaining the blockade on Iranian ports, which has cut off a vital revenue source for Tehran."
"Iran's ambassador to the United Nations reiterated the country's position that the blockade violates the ceasefire agreement, indicating that this decision may be used by Iran to refuse to negotiate."
On April 22, 2026, Bitcoin surged past $78,000, peaking at $78,446, following President Trump's indefinite extension of the U.S.-Iran ceasefire. This rally erased losses from April 20 and boosted Bitcoin's market cap to $1.56 trillion. The surge triggered $320 million in liquidations and increased the total crypto market cap to $2.7 trillion. Traders are closely monitoring the IRGC and port blockades as Iran considers its next steps amid ongoing peace efforts.
Read at news.bitcoin.com
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