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HTX Community Spring Creation ContestUnlock Your Personal HTX Airdrop Now Blockchain Forum 2026, MoscowBitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escala

Bitcoin price edged closer to the $75,000 mark after news reports suggested a potential de-escalation of the U.S.-Iran war. Bitcoin is now close to breaking out of an ascending triangle that could push it higher this week. Summary Bitcoin price climbed toward $75K on U.S.-Iran ceasefire hopes and easing inflation fears as oil prices dropped. A $225 million short squeeze across derivatives markets accelerated BTC’s rally and strengthened bullish momentum. BTC is approaching a breakout above $76K from an ascending triangle, with $80K as the next key resistance level. According to data from crypto.news, Bitcoin (BTC) price rose nearly 6% to a 4-week high of $74,788 on Tuesday morning Asian time. Trading at $74,675 at press time, it stood nearly 9% higher over the past week. Bitcoin price climbed higher amid renewed hopes of a potential ceasefire deal between the U.S. and Iran after the latter hinted that its officials are ready to abandon pursuing a nuclear enrichment program. This came just a day after U.S. naval forces began intercepting and blocking Iranian traffic at the Strait of Hormuz. Following this, crude oil prices, which rose to nearly $120 yesterday, came crashing down under $100 at press time, reducing fears of global inflation and boosting risk assets such as Bitcoin. You might also like: Why is the crypto market rallying today? (April 14) Bitcoin price also benefited from anticipation surrounding the U.S. Producer Price Index (PPI) scheduled for release later today, as investors look for signs that wholesale inflation might come in lower than the 4.6% year-over-year forecast. Risk assets, including Bitcoin, tend to thrive when PPI data shows cooling below expectations—currently estimated at a 1.2% monthly increase, as it suggests slowing inflation at the production level. This trend could encourage the central bank to pause its aggressive stance o

Bitcoin price edged closer to the $75,000 mark aft

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On April 14, according to Coinglass data, if Bitcoin breaks through $77,000, the cumulative short liquidation intensity on major CEXs will reach $1.086 billion. Conversely, if Bitcoin falls below $73,

If Bitcoin Surpasses $77,000, CEX Liquidation Intensity Will Reach $1.086 Billion

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XRP, the cryptocurrency associated with Ripple, recently displayed moderate price movement, reflected in its latest candlestick data. On a typical trading day, XRP opened at $1.35, reached a high of $

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On April 15, foreign media reported that OpenAI is allowing a select group of users to access a new artificial intelligence model, GPT-5.4-Cyber, which aims to identify issues in software for organiza

OpenAI Launches Cyber, Intensifying Competition with Anthropic Amid Regulatory Concerns

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On April 14, according to CCTV News, Hadi Golriz, the press officer at the Iranian Embassy in Pakistan, stated that Iran will prioritize Islamabad as the location for the new round of Iran-U.S. negoti

Iran Prioritizes Islamabad for New Round of Iran-U.S. Talks

Before Satoshi disappeared he gave one developer a secret key that could override every single Bitcoin node It was called the Alert Key Satoshi added it to Bitcoin in 2010 after the 184 billion coin b

Your desperation to recover losses is exactly what makes you lose even more. The moment you start thinking I need to make it back, you’re no longer trading, you’re reacting. You stop seeing the market

According to 1M AI News monitoring, The Information reports, citing informed sources, that Anthropic is preparing to launch two new products as early as this week: the next-generation flagship model C

Anthropic to Launch Next-Generation Flagship Model Claude Opus 4.7 and AI Web Design Tool This Week,

In April, $BTC has shown a strong recovery phase after a volatile March. The month began with BTC trading around the mid $60,000 range. However, as the weeks progressed, price action shifted toward a 

In April, $BTC has shown a strong recovery phase after a volatile March. The month began with BTC trading around the mid $60,000 range. However, as the weeks progressed, price action shifted toward a more bullish structure, with Bitcoin reclaiming key levels above $70,000 and pushing toward the mid $70k.


One of the primary influences that has been pushed price upward is renewed institutional interest, with large players continuing to accumulate BTC, reinforcing confidence in the long-term outlook. 

Additionally, expectations surrounding monetary policy, particularly the possibility of interest rate cuts, have supported risk assets like Bitcoin, increasing liquidity inflows into the market.

Market sentiment has also played a key role, with traders shifting from fear to cautious optimism, leading to increased buying pressure and reduced selling activity.

On the technical side, Bitcoin has respected key support zones formed in late March and early April, using them as a base for continuation. Breakouts above resistance levels have triggered momentum trades, further accelerating price movement. However, volatility remains present, with occasional pullbacks indicating that the market is still sensitive to external news and profit-taking behavior.

In summary, April has been a month of recovery and stabilization for Bitcoin, marked by improving sentiment, institutional backing, and favorable macro conditions. While the trend appears bullish in the short term, traders remain watchful of resistance zones and potential macro shifts that could influence price direction.


Bitcoin Price Action

On April 15, according to CME's 'FedWatch': the probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%

Fed's Probability of Keeping Rates Unchanged in April at 98.4%

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