Bitcoin climbs to a 3-week high above $72,000 on US-Iran war ceasefire news. What lies ahead?
Bitcoin prices climbed to a three-week high on Wednesday, April 8, after the US and Iran reached an initial ceasefire agreement, boosting the appetite for riskier assets.
The world’s largest cryptocurrency jumped as much as 4.9% to $72,738 — its highest level since March 18 — before trimming gains to trade around $71,300 by midday. Smaller cryptocurrencies also posted strong advances, with Ether surging as much as 7.4% to $2,273.
