{"id":70648,"date":"2026-04-13T09:02:20","date_gmt":"2026-04-13T02:02:20","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-price-falls-under-71k-as-us-iran-war-tensions-spark-sell-off\/"},"modified":"2026-04-13T09:02:20","modified_gmt":"2026-04-13T02:02:20","slug":"bitcoin-price-falls-under-71k-as-us-iran-war-tensions-spark-sell-off","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/bitcoin-price-falls-under-71k-as-us-iran-war-tensions-spark-sell-off\/","title":{"rendered":"Bitcoin price falls under $71K as US-Iran war tensions spark sell-off"},"content":{"rendered":"<div data-testid=\"html-renderer-container\">\n<p>Bitcoin (<a title=\"https:\/\/cointelegraph.com\/price-indexes\/bitcoin\" href=\"https:\/\/cointelegraph.com\/price-indexes\/bitcoin\">BTC<\/a>) fell 3% to trade below $71,000 into Sunday\u2019s weekly close after negotiations to end the US-Iran war broke down.<\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>\n<p>Bitcoin shed its gains as negotiations between the US and Iran broke down.<\/p>\n<\/li>\n<li>\n<p>The Strait of Hormuz becomes a flashpoint again as US President Donald Trump demanded that it be reopened.<\/p>\n<\/li>\n<li>\n<p>BTC price downside punishes late long positions.<\/p>\n<\/li>\n<\/ul>\n<h2>BTC price drops on US-Iran war fears<\/h2>\n<p>Data from TradingView showed BTC price action dipping below $71,000 after news of a sudden breakdown in negotiations between the US and Iran in Islamabad, Pakistan.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d8225-b174-75ff-935c-3a6f387db0ef.png\"><figcaption><em>BTC\/USD one-hour chart. Source: Cointelegraph\/<\/em><a title=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"nofollow noopener\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>A failure to reach an agreement on the issue of nuclear weapons resulted in both delegations leaving talks unfinished. Later, US President Donald Trump said that the US would blockade the Strait of Hormuz and \u201cinterdict\u201d vessels paying Iran for safe passage.<\/p>\n<p>\u201cNo one who pays an illegal toll will have safe passage on the high seas,\u201d he wrote in a post on <a title=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116391828823240211\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116391828823240211\" target=\"_blank\" rel=\"nofollow noopener\">Truth Social<\/a>.<\/p>\n<p>A <a title=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116391830634836370\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116391830634836370\" target=\"_blank\" rel=\"nofollow noopener\">follow-up post<\/a> repeated demands that Iran make Hormuz, a major oil transit route, fully operational.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d8220-8d4e-72d4-be38-bcdf70b18e45.png\"><figcaption><em>Source: Truth Social<\/em><\/figcaption><\/figure>\n<p>Ahead of futures markets opening, reactions to the latest events spelled out the risks for the wider economy.<\/p>\n<p>\u201cIf the path forward is continued war, escalation, and a prolonged closure of the Strait of Hormuz, then the Iran War has just entered a new era,\u201d The Kobeissi Letter wrote in its <a title=\"https:\/\/x.com\/KobeissiLetter\/status\/2043285255931441306\" href=\"https:\/\/x.com\/KobeissiLetter\/status\/2043285255931441306\" target=\"_blank\" rel=\"nofollow noopener\">latest analysis<\/a> on X.\u00a0<\/p>\n<blockquote><p>\u201cUS CPI inflation just jumped from 2.4% to 3.3% and further escalation of the Iran War would lead to 4.0%+ inflation, according to our models.\u201d<\/p><\/blockquote>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-03\/019cdd5e-3eb0-74e1-b089-91616407915d.png\"><figcaption><em>US CPI 12-month % change. Source: Bureau of Labor Statistics<\/em><\/figcaption><\/figure>\n<p>Kobeissi referred to the US Consumer Price Index (CPI) inflation, a gauge particularly sensitive to oil prices. Earlier this week, the March CPI print came in slightly below expectations, despite the <a title=\"https:\/\/cointelegraph.com\/markets\/bitcoin-hits-73k-as-cool-us-cpi-data-shows-60-year-record-gas-price-hike\" href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-hits-73k-as-cool-us-cpi-data-shows-60-year-record-gas-price-hike\">highest jump in its oil-price component<\/a> in 60 years.<\/p>\n<p>\u201cThere are currently no plans for additional talks, according to Iranian media,\u201d Kobeissi added.\u00a0<\/p>\n<blockquote><p>\u201cSo, will Trump choose to push harder for diplomacy or double down on military action? Today, we find out.\u201d<\/p><\/blockquote>\n<h2>Bitcoin liquidations mount as longs suffer<\/h2>\n<p>As the only 24-hour-traded asset class, Bitcoin and crypto were the only ones reacting to the chaos in real time.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a title=\"Bitcoin analysis sees $55K BTC price 'iron bottom' by December 2026\" href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-analysis-sees-55k-btc-price-iron-bottom-by-december-2026\" target=\"_self\" rel><em><strong>Bitcoin analysis sees $55K BTC price &#8216;iron bottom&#8217; by December 2026<\/strong><\/em><\/a><\/p>\n<p>Data from <a title=\"https:\/\/www.coinglass.com\/liquidations\" href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"nofollow noopener\">CoinGlass<\/a> showed BTC\/USD slicing through long liquidations, with the liquidation total for the past 24 hours nearing $350 million.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d8223-131e-71aa-b1de-6cece079b159.png\"><figcaption><em>BTC liquidation heatmap. Source: CoinGlass<\/em><\/figcaption><\/figure>\n<p>\u201cVolatility remains high and it&#8217;s clear that there won&#8217;t be a path forward where risk-on assets will do well if this continues to be the consensus,\u201d trader Micha\u00ebl Van de Poppe wrote in an <a title=\"https:\/\/x.com\/CryptoMichNL\/status\/2043323543845286006\" href=\"https:\/\/x.com\/CryptoMichNL\/status\/2043323543845286006\" target=\"_blank\" rel=\"nofollow noopener\">X response<\/a>.<\/p>\n<p>Van de Poppe suggested that the economic weakness as a result of the returning war could force the Federal Reserve to inject liquidity despite rising inflation.<\/p>\n<p>\u201cOn a larger scale, I think that we&#8217;re currently in a sufficiently weak economy and the FED has no other option than to start printing again to positively influence the economy,\u201d he argued.<\/p>\n<p>Earlier, <a title=\"https:\/\/cointelegraph.com\/markets\/us-recession-odds-near-50-can-bitcoin-copy-2020-comeback-gains\" href=\"https:\/\/cointelegraph.com\/markets\/us-recession-odds-near-50-can-bitcoin-copy-2020-comeback-gains\">Cointelegraph reported<\/a> on rising odds of the US entering a recession in 2026.<\/p>\n<p>Next week will bring more inflation cues from the March Producer Price Index (PPI) print, while multiple senior Fed officials will speak on the economy.<\/p>\n<p><template data-type=\"markets_outlook\" data-name=\"subscription_form\" data-label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p data-testid=\"post-category-disclaimer\"><span>This article is produced in accordance with Cointelegraph&#8217;s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) fell 3% to trade below $71,000 into Sunday\u2019s weekly close after negotiations to end the US-Iran war broke [&hellip;]<\/p>","protected":false},"author":5,"featured_media":70650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-70648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/70648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=70648"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/70648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/70650"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=70648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=70648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=70648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}