Bitcoin Trend | Breaks above $69,000, potential for continued rebound

SighingCashier · 2026-04-01T07:06:16+00:00

As the US and Iran show willingness to cease hostilities, cryptocurrencies generally rise. Bitcoin breaks through $69,000, currently trading at $69,058. Trump intends to end military actions against Iran, and signals of a ceasefire have also emerged from Iran. The US spot Bitcoin ETF indicates institutional funds are flowing back, with short-term targets of $72,000 to $80,000.

SighingCashier

2026-04-01 07:06:16

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U.S.-Iran release of ceasefire intentions signals a willingness to end the tension, and cryptocurrencies are broadly rising. Bitcoin is breaking above the $69,000 level.

According to CoinDesk quotes, Bitcoin is currently at $69,058, up 2.39%; Ethereum is at $2,151, up 4.44%; Dogecoin is up 2.89%.

The U.S. president, Trump, is reportedly considering ending military action against Iran despite the Strait of Hormuz not yet reopening, and Iran’s president, Pezeshkian, has also issued ceasefire signals, saying Tehran is willing to end the war as long as it is ensured that it will no longer be attacked.

U.S. spot Bitcoin ETFs recorded a significant net inflow, indicating signs that institutional funds are making a comeback. After Bitcoin touched the lower rail line (around $64,000), it saw three consecutive days of gains. It is expected to continue rebounding, and near-term resistance levels are $72,000 and $80,000.

ETH4.12%

DOGE2.53%

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