Bitcoin Slides as Trump’s Iran Ultimatum Shakes Global Markets
Bitcoin dropped ~2% today, caught in the same risk-off mood hitting global markets ahead of President Trump’s deadline for Iran to reopen the Strait of Hormuz.
The move erased yesterday’s rally where BTC briefly pushed above $70K.
Investors are staying cautious as geopolitical tensions rise and oil keeps climbing — now up nearly 50% since the conflict began. Most risk assets are under pressure, and crypto is no exception.
Even then, BTC is still holding its broader range between $65K–$75K, with ETF inflows showing institutions are buying the dip.
Market sentiment stays mixed: bulls don’t have momentum yet, and bears can’t break the structure either.
Traders are now watching two key catalysts:
• A real US–Iran ceasefire
• The US Clarity Act expected in late April, which could unlock new institutional demand
#BTC #CryptoNews #Geopolitics #TRUMP #iran
