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Bitcoin Soars Past $72,000 as US-Iran Ceasefire Ignites Risk-On Rally, Stocks Surge & Oil Crashes

Bitcoin Soars Past $72,000 as US-Iran Ceasefire Ignites Risk-On Rally, Stocks Surge & Oil Crashes

Author:
Cryptopolitan
Published:
2026-04-08 00:08:50

Bitcoin surged past $72,000 in a dramatic rally as risk assets roared back after former President Trump announced a two-week pause in attacks on Iran, easing fears from the five-week conflict. The ceasefire shock triggered a violent market rotation: U.S. stock futures ripped higher while oil prices collapsed, with WTI crude plunging roughly 13% to below $98 a barrel as traders priced in reduced immediate supply risks.

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