What the U.S. and Iran ceasefire means for Bitcoin

The past two months have been a rollercoaster of hope and disappointment for bitcoin (BTC) investors. In late February of 2026, BTC touched a low of about $63,000 (all figures in U.S. dollars unless otherwise specified), which was a fall of close to 50% from its October 2025 high of about $123,000. If you read this column regularly you’ll know that this itself was not surprising for two reasons. First, BTC cyclical tops are often at the end of the year following the BTC halving (2024