Despite the euphoria, some institutional analysts remain cautious. Without formal, face-to-face negotiations between Washington and Tehran, the risk of a dead cat bounce remains high, they warn. Any breakdown in communication could see renewed threats to the Strait of Hormuz, a vital artery for global oil and trade that could send shockwaves through energy-dependent economies.
FAQ Why did bitcoin breach $69,000 twice on April 1? Global market optimism over potential U.S.–Iran diplomacy fueled the rallies. What was Bitcoin’s intraday peak? It briefly hit $69,268 before profit‑taking pulled it back. How much were crypto liquidations during the session? Total liquidations reached $257 million, with shorts making up 61%. How did broader markets react to the ceasefire hopes? Equities surged worldwide, while Brent crude slipped below $100 per barrel.Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally
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