Bitcoin traded cautiously near technical support after President Trump's threat against Iran rattled markets, lifting intraday volatility across crypto and equities. Traders are watching headlines as risk appetite shifts.
Bitcoin fell under $68,000 on April 7, touching an intraday low of $67,724 after U.S. and Israeli strikes on Iranian infrastructure stirred risk-off flows. The move followed a failed attempt to clear $70,000 and coincided with roughly $60 million in leveraged liquidations, per Coinglass.
More than $211 million worth of SOL stakes became liquid within minutes on April 2, 2026, as Solana traded weak amid market volatility. Large unlocks have traders on edge for potential selling pressure and faster on-chain flows to exchanges.
Cryptocurrency markets and U.S. stock futures tumbled Wednesday night after President Trump's televised address failed to signal a near-term de-escalation in the intensifying U.S.-Israeli conflict with Iran. Traders moved into risk-off positions as uncertainty spiked.
Ethereum briefly fell below $2,000 last week but has since stabilized, trading between $2,040 and $2,100 in Tuesday’s session. Volatility has eased to a nine-week low, narrowing ETH’s intraday swings.
A large options expiry is prompting traders to hedge and reduce exposure as Bitcoin volatility climbs, increasing short-term downside risk. Derivatives desks' rebalancing could add selling pressure into thinner markets.
A Nasdaq-led correction accelerated a global selloff on Friday, dragging crypto-focused equities lower as a $17 trillion rout erased gains. The move continues a pattern since the Iran war began, where Monday rallies have repeatedly reversed into losses by week’s end.
Quarterly Bitcoin options with $13.4 billion in notional expired on March 27 while open interest remained near record highs. The expiry created potential for short-term volatility as market participants and dealers adjusted hedges.
DJT jumped 6% Monday after former President Donald Trump described talks with Iran as “productive,” lifting U.S. markets and wiping out last week’s losses. The move underscores how political headlines can quickly drive sentiment in risk assets.
Bitcoin weakened as markets ramped up bets on further Fed rate hikes while a bond market sell-off pushed yields higher, amplifying macro-driven volatility. Soaring oil and geopolitical tensions are lifting inflation fears and eroding traditional safe-haven demand.