Bitcoin Hits Four-Week High of $74,901 on US-Iran Peace Hopes

April 14, 2026April 14, 2026

Bitcoin climbed to a four-week high of $74,901 on 14 April, its strongest level since 17 March, as hopes of renewed US-Iran peace talks lifted risk appetite across global markets.

At 7:01 am UTC, the token was trading at $74,530.19, up 0.12% on the day after paring some earlier gains. Ether rose 5% to $2,370, with broader crypto markets tracking the recovery in risk assets.

The rally followed reports that Iran had reached out to the US administration seeking fresh negotiations, even as Washington pushed ahead with a naval blockade of the Strait of Hormuz. Asian equities also advanced on optimism that a deal could ease oil prices and support economic growth.

Bitcoin has gained more than 10% since the Iran conflict began on 27 February, outperforming many traditional assets including gold and global equities over the same stretch. The token has held up better than many risk assets despite volatile geopolitical conditions through that period.

Having peaked at an all-time high of $126,000 in October, Bitcoin traded in a tight range for roughly two months before this week’s move. The previous close stood at $74,442, putting Tuesday’s gain at roughly 0.12% above that level.

The US Clarity Act, a proposed regulatory framework for digital assets, remains a closely watched legislative development that could shape crypto market direction in the months ahead.

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