Cryptocurrency8 Apr 2026SEO 801 min read

Analysis: Ceasefire lifts bitcoin, but animal spirits may not return just yet

Bitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran and Morgan Stanley’s landmark ETF debut restore market confidence. Ir…

Bitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran and Morgan Stanley’s landmark ETF debut restore market confidence. Iran and the U.S. agreed to a ceasefire, sending BTC to $71,600. Oil plunged 16% to $95 as the Strait of Hormuz reopened. Markets priced out all 2026 rate cuts, but crypto stayed bid. Morgan Stanley’s bitcoin ETF debuts today, boosting institutional adoption. Bitcoin cleared its 50-day average, eyeing a move toward $76,100. The crypto marke…

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