Gate News updates: In April 2026, the situation in the Middle East escalated again. U.S. President Trump publicly admitted that the U.S. launched strikes on Iran’s key infrastructure and warned that if negotiations did not move forward, it would carry out larger-scale military operations. As a result, sentiment in the crypto market quickly turned weaker, and the price of Bitcoin fell back.
In a video posted on a social platform, Trump said that the Adir Bridge—an important transportation hub in Iran—was attacked and suffered severe damage. He also said that in the future, there may be repeated strikes targeting core facilities such as power plants. He emphasized that the U.S. military advantage “has not been fully utilized yet” and set the next two to three weeks as a critical window. This statement significantly boosted market expectations that the conflict could further expand.
Rising geopolitical risk created a differentiated impact on financial markets. Asian stock markets continued to rebound; Japanese and South Korean stock indexes rose, mainly benefiting from the earlier decline in oil prices and expectations of diplomatic mediation. However, crypto assets faced mounting pressure. After a short-term rebound, Bitcoin quickly gave back its gains, falling from about $67,300 to around $66,300, with volatility increasing.
Structurally, $65,000 has become an important support zone for Bitcoin. If the situation worsens further or negotiations break down, once this level is breached, it could trigger broader technical selloffs and reinforce the market’s downward trend. At the same time, mainstream assets such as Ethereum may also be affected in a correlated manner, putting overall risk assets under pressure.
At present, the market’s core drivers have shifted from liquidity to geopolitical variables. Energy prices, the U.S. dollar’s trend, and global risk-averse sentiment are once again dominating the asset-pricing logic. Against a backdrop in which uncertainty persists, while Bitcoin has some risk-hedging narrative, it still may not be able to shake off macro shocks in the near term.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CryptoQuant Analyst: Bitcoin Must Hold Above $83K to Confirm Market Recovery
Gate News message, April 26 — According to CryptoQuant analyst Axel Adler, short-term holder (STH) selling pressure has notably eased following spring market stress relief, and Bitcoin's market recovery remains underway. Current BTC price has approached the short-term holder cost basis.
Adler
GateNews29m ago
El Salvador Adds 8 BTC Over Past Week, Total Holdings Reach 7,633.37 Bitcoin
Gate News message, April 26 — El Salvador added 8 Bitcoin over the past 7 days, bringing its total holdings to 7,633.37 BTC worth approximately $624 million.
Over the past 30 days, the country has accumulated 31 Bitcoin, continuing its strategy of building its national Bitcoin
GateNews1h ago
Bitcoin Perpetual Contracts: Large Holders Earn Fees While Retail Traders Pay, Says Chief Economist
Gate News message, April 26 — Fu Peng, newly appointed chief economist at Xinhuojituan, explained the underlying business model of Bitcoin perpetual contracts on social media, comparing it to traditional finance's "deferred fees" or "overnight fees" used in precious metals and commodity spot
GateNews2h ago
Whale Liquidates 1,351 ETH and Opens $50.6M Bitcoin Short on Hyperliquid
Gate News message, April 26 — A whale address beginning with 0x310 opened a 16x leveraged Bitcoin short position on Hyperliquid over the past 30 minutes, with a notional value of $50.6 million across 653 BTC at an average price of $77,470. The liquidation price stands at $81,308, making it the
GateNews3h ago
Quantitative Trader Killa Predicts Bitcoin Bear Market Bottom at $40,740 or $42,680
Gate News message, April 26 — Quantitative trader Killa shared his prediction for Bitcoin's bear market bottom on April 25, estimating the floor at $38,800. Accounting for approximately 5% variance, he projects the bottom could be either $40,740 or $42,680.
Killa previously used a model combining c
GateNews3h ago
Bitcoin Liquidation Cascades: $619M in Short Liquidations if BTC Breaks $80K
Gate News message, April 26 — According to Coinglass data, if Bitcoin breaks $80,000, major centralized exchanges will face cumulative short liquidation intensity of $619 million. Conversely, if BTC falls below $76,000, cumulative long liquidation intensity across major CEXs will reach $645 million.
GateNews6h ago
