Bitcoin Lower as Markets Question Cease-Fire -- Market Talk
Dow Jones04-09 22:45
1045 ET - Traffic through the Strait of Hormuz remains limited despite the cease-fire, and the tension is reflected in the movement of cryptocurrencies, with bitcoin down 0.9% to $70,770, according to LSEG data. "The core disputes remain unresolved," says Colin Basco of Coinbase Institutional in a note. "In other words, we think the market has been given a relief valve, not a full reset." Other crypto assets are lower as well, although its only a small reversal from the big upticks seen Wednesday. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
April 09, 2026 10:45 ET (14:45 GMT)
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