Cryptocurrency prices decline as tensions between the US and Iran escalate, with oil prices surging
The cryptocurrency market has demonstrated a capacity to absorb geopolitical risks, with Bitcoin, Ether, and Solana experiencing declines of 1.6%, 2.6%, and 1.5% respectively, while oil prices jumped 5.7% and European equity futures fell 1.2%. The situation in the Strait of Hormuz has led to increased tensions between the US and Iran, prompting a surge in traditional safe-haven assets such as gol…
April 20, 2026, 5:36 a.m.