Hacked coin Bitcoin The $71,000 barrier, recording its highest level in almost a month, after the United States and Iran reached a first ceasefire agreement, which pushed high-risk assets to collectively rise. And a play is put on BTC by 4.5% in 24 hours to reach $71,500, while the total crypto market value reached $2.5 trillion.
President Trump announced the suspension of military operations against Iran for two weeks, raising hopes of a reopening of the Strait of Hormuz. As crude oil prices fell on the news, U.S. stock futures surged. Bitcoin recorded a 6% increase to $72,700 in early Asian trading, while Ethereum gained 7.4% to $2,270.
BREAKING: President Trump says US will "help create traffic" in the Strait of Hormuz, Iran can "start rebuilding," and the United States will be "Stock up on supplies and just “hang out” to make sure everything goes well."
"This could be the… pic.twitter.com/T50afdzwDk– Kobeissi Letter (@KobeissiLetter) April 8, 2026
“Bitcoin jumped this morning on temporary truce and relief as further escalation has been avoided for now,” said Caroline Morrone, co-founder of Orbit Markets.
ETF flows confirm this change in risk appetite; Where were Bitcoin spot funds attracted Net inflows reached $471.3 million on Monday aloneadding to last week’s earnings of $22.3 million. This represents a sharp reversal from outflows that totaled nearly $300 million the previous week, indicating that institutional selling pressures have eased significantly. The danger remains whether this momentum can continue during the two-week truce period.
Is this just a temporary rebound or the start of a structural change in trend?
Can Bitcoin Price Reach $85,000 Now?
The technical configuration seems clear; Bitcoin is currently pressing the resistance zone between $71,000 and $71,500, which is the area that corresponds to the 200-period exponential moving average (EMA) on a 4-hour time frame. The Relative Strength Index (RSI) also showed a decisive upward move above the 14-period moving average, approaching the 60 level, a historical threshold that typically precedes an acceleration in momentum.
This coincides with a growth in transaction volumes; The penetration attempt was accompanied by a 90% increase in trading volume, and the liquidation of short liquidations worth over $97 million was activated in just one hour, in a classic “short squeeze” mechanism that put pressure on supply simultaneously with the entry of demand.
For BTC, a daily candle closing above $71,500 on heavy trading volume will help accelerate momentum towards $76,000, with $85,000 as the overall target if ETF inflows continue. There is currently some sort of price consolidation between $70,000 and $71,500 as markets wait to make sure the truce will hold.
However, if the truce fails or inflation data is disappointing, a drop below $70,000 could open the door to a return to the $65,000-$67,000 range. As we have seen many times, news of wars has already led to strong fluctuations in Bitcoin.
Project Hyper aims to lead the second layer with Bitcoin breaking the $71,000 barrier.
Bitcoin hitting $71,000 is exciting, but with such a massive market cap, achieving a 20% increase would require billions of dollars in new capital. In contrast, early-stage infrastructure projects within the Bitcoin ecosystem operate on entirely different accounts, and there is currently considerable interest in an IPO (pre-sale).
Project positioned Bitcoin Hyper ($HYPER) Bitcoin’s first Layer 2 incorporates the Solana Virtual Machine (SVM), a combination that enables faster smart contract execution than Solana itself, while leveraging Bitcoin’s security and trust layer.
The project directly targets the three main limitations of Bitcoin: slow transactions, high fees, and lack of programmability. A decentralized canonical bridge handles native BTC transfers between layers without the complexity of wrapped tokens.
The IPO has already managed to raise more than $32 million The current price of the token is $0.0136782 Only, with an option Staking with high annual returns For the first participants. This strong demand from the beginning indicates that there is a real demand for these technical solutions.
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