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Bitcoin Breaks $74,000 in Mid-April, Up Over 10% Since Early Conflict

GateNews

2026-05-13 04:04:22

Bitcoin broke through $74,000 in mid-April, marking a four-week high, according to market analysis. The rally was driven by increased demand for risk assets and expectations of potential U.S.-Iran peace negotiations. Bitcoin has outperformed other risk assets, gaining over 10% since the onset of regional tensions. SEC Commissioner Hester Peirce stated she supports a longer-term approach to establishing broker rules for cryptocurrency markets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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