Bitcoin Holds Near 12-Week High

2026-04-27 07:00 By Kyrie Dichosa 1 min. read

Bitcoin climbed above $79,000 in late April, reaching its highest level since early February, before giving up some gains as markets reassessed developments in US-Iran tensions.

A report from Axios indicates that Iran has put forward a new proposal to Washington aimed at easing tensions and restoring access to the Strait of Hormuz.

The strategic waterway has been a key flashpoint during the conflict, with disruptions in shipping contributing to volatility across broader risk assets.

Despite the volatility, Bitcoin has shown resilience, remaining up over 16% so far this month and on track for its first monthly double-digit gain since May 2025.

This was partly supported by a sharp rebound in US-listed spot Bitcoin ETF inflows, which reached about $2.5 billion in April, putting the month on pace to more than double March’s total.

This follows four consecutive months of net outflows before institutional demand returned in March.



News Stream
Bitcoin Holds Near 12-Week High
Bitcoin climbed above $79,000 in late April, reaching its highest level since early February, before giving up some gains as markets reassessed developments in US-Iran tensions. A report from Axios indicates that Iran has put forward a new proposal to Washington aimed at easing tensions and restoring access to the Strait of Hormuz. The strategic waterway has been a key flashpoint during the conflict, with disruptions in shipping contributing to volatility across broader risk assets. Despite the volatility, Bitcoin has shown resilience, remaining up over 16% so far this month and on track for its first monthly double-digit gain since May 2025. This was partly supported by a sharp rebound in US-listed spot Bitcoin ETF inflows, which reached about $2.5 billion in April, putting the month on pace to more than double March’s total. This follows four consecutive months of net outflows before institutional demand returned in March.
2026-04-27
Bitcoin Hits 11-Week High
Bitcoin climbed more than 2% above $78,000 in late April, hitting its highest level since early February, amid cautious optimism after President Trump said he would extend the ceasefire with Iran. Trump said the truce would continue until Iran submits a “unified proposal” to end the war with the US and Israel. This came after reports that Vice President JD Vance’s Pakistan trip for Iran talks was postponed, while Tehran, via a Pakistani intermediary, told US counterparts it would not join further talks. Since the conflict began, Bitcoin has weathered volatility along with other risk assets but still remains up more than 15% since late February. Meanwhile, inflows into US-listed spot Bitcoin ETFs have strengthened in recent weeks, with the 13 funds attracting over $250 million so far this week, following $996.4 million in net inflows last week, pointing to rising institutional demand.
2026-04-22
Bitcoin Hits 4-Week High
Bitcoin climbed above $74,000 in mid-April, hitting its highest level in four weeks, tracking improved appetite for risk assets on hopes that the US and Iran may be open to resuming peace negotiations. The move came after US Vice President JD Vance said progress now hinges on Tehran following weekend talks that failed to produce a breakthrough. President Donald Trump also said Iran had made contact with his administration over possible peace talks, even as Washington continued a naval blockade of the Strait of Hormuz. Analysts noted that Bitcoin continues to outperform broader risk assets, remaining up more than 10% since the Iran war began, though they said a significant upside move may not occur until the US enacts the Clarity Act to establish clearer rules for digital assets. US SEC Commissioner Hester Peirce also said she favors a more permanent approach to defining broker rules in crypto markets.
2026-04-14