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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-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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