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Bitcoin Price Pump & Dump in 1 Hour, Here’s the Main Trigger
The Bitcoin price (BTC) moved sharply at the start of the last week of April 2026.
In less than one hour, BTC briefly surged to its highest level in 12 weeks, in the range of $79,500, before being immediately pressured and dropping by about $2,000 to the $77,000 level.
This rapid move triggered a wave of large liquidations in the derivatives market, with the total reaching around $275 juta in the last 24 hours. Of that amount, more than $140 juta came from short positions liquidated within 12 hours
Main Trigger: Report on Potential US–Iran Deal
The Bitcoin price spike was driven by a report that said there is a possibility of a new agreement between the United States and Iran.
The report indicated that Iran has submitted a new proposal to the US regarding the reopening of the Strait of Hormuz and efforts to end the ongoing conflict, with mediation from Pakistan.
It was also mentioned that US President Donald Trump will hold a meeting with his national security team to discuss the next steps.
“Indirect talks between the US and Iran are still ongoing to this day,” wrote The Kobeissi Letter
This sentiment was temporarily seen as positive by the market, as it could potentially ease geopolitical tensions that have been affecting global stability.
#BTC