Crypto Stocks Experience Sharp Uptick as Bitcoin Reaches $78,000 Amidst Easing Tensions
A significant surge in crypto-linked stocks occurred on Friday, driven by the recovery of digital asset treasury firms, as progress towards ending the Iran conflict led to increased risk appetite, causing bitcoin to reach a two-month high of $78,000. US President Donald Trump announced in a social media post that Iran had committed to keeping the Strait of Hormuz open, a crucial passage for globa…
April 17, 2026, 4:01 p.m.