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Bitcoin and Ethereum rise as geopolitical tensions hit stocks and oil prices surge

Market News
04 May 2026
Benzinga
View Source
Neutral
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Bitcoin and Ethereum prices climbed despite a sharp rejection at $80,000 for Bitcoin, which later reclaimed this key level. The global crypto market cap increased by 1.33% to $2.65 trillion amid over $480 million liquidations and a shift in market sentiment from fear to neutral. Meanwhile, stocks fell due to geopolitical tensions after Iranian drone attacks on UAE oil facilities, causing oil prices to spike. Analysts highlight Bitcoin's critical resistance at around $81,500, with a daily close above this potentially opening a path to $92,000, while failure could see a drop to about $76,500.

More News (BTC)

Hyperliquid (HYPE) maintains bullish trend, eyes $75 resistance after steady gains despite market dips.

Hyperliquid (HYPE) maintains bullish trend, eyes $75 resistance after steady gains despite market dips.

Since October 2025, most cryptocurrencies have trended downward, but Hyperliquid (HYPE) stands out with a strong long-term bullish trend, up over 74% in a year. Recently, HYPE traded between $53.35 and $74.78, currently pushing above key resistance l...

Technical Signals
Bullish
8 hours ago
Bitcoin rebounds above $62,000 with low volatility and $31M liquidations signaling market stability.

Bitcoin rebounds above $62,000 with low volatility and $31M liquidations signaling market stability.

Bitcoin rose back above $62,000 after briefly dropping to a year-to-date low of $57,735, showing a modest 1.5% daily gain. The crypto market saw a sharp decline in derivatives liquidations to $31 million from $180 million, indicating reduced volatili...

Market News
Neutral
13 hours ago
Polymarket traders give Bitcoin just 21% chance to hit $70K in July despite strong ETF inflows.

Polymarket traders give Bitcoin just 21% chance to hit $70K in July despite strong ETF inflows.

Polymarket traders currently assign only a 21% probability that Bitcoin will reach $70,000 by the end of July, with the cryptocurrency trading near $61,600. While traders expect a partial recovery, reflected in a 63% chance for Bitcoin to hit $65,000...

Market News
Neutral
15 hours ago
$2.13B Bitcoin and Ethereum options expire as crypto prices recover amid cautious market sentiment.

$2.13B Bitcoin and Ethereum options expire as crypto prices recover amid cautious market sentiment.

On July 3, $2.13 billion worth of Bitcoin and Ethereum options expired, highlighting cautious investor positioning. Bitcoin options worth $1.9 billion expired with a put-call ratio of 0.70, while Ethereum options worth $230 million had a higher put-c...

Market News
Neutral
15 hours ago
Bitcoin may not have hit its bottom yet, analyst warns more downside possible based on past cycles

Bitcoin may not have hit its bottom yet, analyst warns more downside possible based on past cycles

Crypto analyst Rekt Capital warns that Bitcoin's bear market may not be over, citing historical patterns from previous cycles. He notes that Bitcoin is about 270 days from its 2025 peak, while past cycles took around 365 days to reach the bottom. The...

Analyst Insights
Bearish
17 hours ago
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