At the beginning of the week marked by extreme geopolitical tension, this April 20, 2026, the bitcoin (BTC) market cautiously observes the escalation of the conflict between the United States and Iran.
The price of the digital currency is showing notable resistance, staying above the $74,000 support. At the time of this publication it even exceeds $75,000.
In the following image you can see How the bitcoin price has moved over the last 7 days:
The situation in the Persian Gulf reached a boiling point last night when U.S. Marines board and take custody of Iranian-flagged cargo ship near the port of Bandar Abbas.
According to US Central Command, the action came after a six-hour standoff to prevent the ship from breaking the sea blockade. President Trump increased tension by declare on TruthSocial that US forces have “full custody” of the vessel.
Tehran’s response was immediate. qualifying the act as “armed piracy” and promising immediate retaliation. Furthermore, as CriptoNoticias reported yesterday, The Iranian government has officially refused to participate in a new round of peace negotiations.
This scenario has caused oil prices to skyrocket by more than 5% in the last 24 hours, approaching $100 again (although without reaching that mark as of the time of this publication).
With the Strait of Hormuz still blocked and the specter of a large-scale conflict, bitcoin’s trajectory in the coming days will depend on whether it manages to consolidate this ground or if general panic ends up dragging down all assets considered “risky.” The eyes of the market are attentive to what happens in the next few hours taking into account that On Wednesday, April 22, the ceasefire agreement between the United States and Iran officially expires.
NEWS IN DEVELOPMENT.