Trump Extended Ceasefire with Iran: Bitcoin Surpassed $78,000 Amid Market Optimism

Трамп продовжив перемир'я з Іраном. біткоїн пробив $78 000

U.S. President Donald Trump made a unilateral decision to extend the ceasefire with Iran. This has been one of the key factors influencing the positive dynamics of the cryptocurrency and stock markets in April 2026.

This is reported by Business • Media

Bitcoin and Other Crypto Assets Surge

On April 22, 2026, Bitcoin showed significant growth, reaching a peak of $78,452. According to TradingView, the price increase occurred against the backdrop of reduced tensions in the Middle East. At the time of writing, the leading cryptocurrency was trading just below $78,000, with a daily increase exceeding 2% and a weekly increase of over 5%.

Daily chart of BTC/USDT on Binance exchange. Source: TradingView.

A positive trend was also observed among other major crypto assets, indicating a broader upward trend in the digital currency market. This is confirmed by the growth of most cryptocurrencies in the top 10 by market capitalization.

Top 10 crypto assets by market capitalization. Source: CryptoRank.

Futures for the S&P 500 and Nasdaq 100 indices also rose — by 0.5% and 0.7%, respectively. Meanwhile, the price of Brent crude oil fell by 1.25%.

Market Reaction to Political Decisions

Donald Trump’s announcement of the ceasefire extension with Iran immediately reflected on investor sentiment. According to the president’s statement, the ceasefire will remain in effect until Iran prepares and submits a specific proposal. At the same time, the blockade of the Strait of Hormuz, enforced by the U.S. Navy, will remain in place.

Senior market analyst at StoneX, Matt Simpson, commented to Reuters:

“It seems the markets were right in believing that the peak of uncertainty related to the war is behind us. The risk is likely to remain high, and price declines are viewed by optimistically inclined investors. The closure of the Strait of Hormuz is already factored into stock prices.”

At the same time, it is worth noting that Trump’s statement is unilateral — it has not yet been confirmed by either the Iranian or Israeli authorities.

Earlier, analysts at Wintermute expressed the opinion that further de-escalation of the conflict in the Middle East could contribute to Bitcoin rising to the $80,000 mark.