Crypto Markets Fluctuate Amid Trump-Iran War, Oil Surge

Cryptocurrency markets experienced significant volatility as Bitcoin struggled to break above $67,000.

“Crypto snoozes into Good Friday as oil and macro stir: Crypto Daybook Americas Your day-ahead look for April 3, 2026 By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin While the cryptocurrency saw a slight rise in the last 24 hour period it failed to break above $67,000”

@coindesk

Brent crude surged past $120 per barrel, levels not seen since 2008.

@coindesk

Institutional inflows into Bitcoin ETFs remained consistent, but large holders were distributing more than they accumulate.

Trump threatened Iran extremely hard, signaling strikes against energy infrastructure.

The market reacted with an immediate rebound followed by strong short-position liquidations.

ABC News

MEXC Exchange explained that markets priced in peace but received a tougher war stance instead.

Bitcoin fell 2.2% to $66,609 after Trump's address.

All top-10 major tokens fell, with Solana extending its weekly decline to 13%.

Bitcoin is trading as a macro-sensitive risk asset, not a traditional safe haven.

AlphaPepe surged 2,327% to $0.07870 one week after launch.

OpenPR characterized AlphaPepe as the perfect macro hedge against the Trump-Iran war.

CoinDesk

This illustrates how the crypto ecosystem adapts rapidly to macro and geopolitical shocks.