The POTUS said ‘all hell will reign down’ on Iran.
Bitcoin’s calmness saw a brief and minor break as the asset jumped by several hundred dollars to near $67,600 for the first time since Thursday after Trump’s latest warning against Iran.
The US President gave the Middle Eastern country 48 hours to reopen the Strait of Hormuz or “all hell will reign down on them.”
What’s particularly interesting about this reiteration of the previous 10-day warning is the fact that it expires at 10:05 AM ET on Monday, April 6. That would be just 35 minutes after Wall Street had opened for trading after a 3-day weekend.
The analysts at The Kobeissi Letter believe this statement increases the likelihood that the next 48 hours will be “highly eventful.”
BREAKING: President Trump’s “48-hour warning” to Iran to open the Strait of Hormuz expires at 10:05 AM ET on Monday, April 6th.
This also happens to be 35 minutes after the US stock market reopens after the 3-day weekend.
We will be covering the highly eventful next 48 hours.
— The Kobeissi Letter (@KobeissiLetter) April 4, 2026
While the US stock market is closed now, the cryptocurrency space is not. The 24/7-hour trading industry typically tends to react to such statements immediately, but this particular one couldn’t really shake BTC.
The largest digital asset traded at around $67,000, where it has been for the past day or so, and jumped slightly to $67,600 before it was stopped.
You may also like:
-
Riot, MARA, and Nakamoto Offload Massive Bitcoin Holdings in Q1 – Here’s the Breakdown
-
Bitcoin Enters Weekend With Highest Fear Levels in a Month: Here’s Why That’s Good
-
Bitcoin (BTC) Participation Hits Record Low: Where Did Retail Go?
Most larger-cap alts are in a similar state, with ETH trading at $2,050, and XRP is just inches above $1.30.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
About the author
Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato’s Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.
