Cryptocurrency Markets Experience Decline Amid Rising US-Iran Tensions, Oil Prices Surge
The return of Middle East risk has been better absorbed by bitcoin compared to oil or equities. On Monday morning, bitcoin was valued at $74,335, a 1.6% decrease over 24 hours but still a 4.8% increase on the week, following the US Navy's seizure of an Iranian ship and Tehran's reimposition of controls on the Strait of Hormuz. Ether experienced a 2.6% decline to $2,272, while Solana fell 1.5% to …
April 20, 2026, 5:36 a.m.