Bitcoin rises to $69,350, setting a new intraday high, as reports of US-Iran ceasefire talks boost market sentiment

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bitcoin news Market Analysis Price Volatility Global Markets Geopolitics

2026-04-06 12:01:15

BTC4.05%

Gate News update: On April 6, Bitcoin rose to as high as $69,350 in the early hours of Monday, reaching a new intraday high for the week. On the news front, media reports said the United States, Iran, and regional mediators are discussing a framework for a 45-day ceasefire agreement. In the derivatives market, the crypto market has formed a short squeeze, while both implied and realized volatility remain at low levels. The situation in the Strait of Hormuz is still the key variable.

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