Singapore, 27 April 2026 – Bitcoin climbed to a 12 week high on Monday as investors turned more optimistic that diplomatic efforts could ease the United States, Iran conflict, reviving appetite for risk assets after weeks of market volatility driven by energy disruption and geopolitical uncertainty.
The world’s largest cryptocurrency continued its gradual move towards the US$80,000 level as traders assessed the latest developments surrounding the Strait of Hormuz standoff. Report shows that Bitcoin reached its highest level in 12 weeks, extending a recovery that has been closely tied to changing expectations over whether Washington and Tehran can move towards a deal.
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