Cryptocurrency Market Affected by Geopolitical Tensions

The ongoing conflict between the US and Iran has had a significant impact on the global economy, including the cryptocurrency market.

Bitcoin prices have continued to rise, with a nearly 12% gain in April 2026, marking its strongest monthly performance since April 2025. The increased institutional adoption of Bitcoin is seen as a key factor in this growth, with U.S. spot Bitcoin ETFs recording approximately $2.44 billion in net inflows during April 2026.

The value of gold has also been affected by the conflict, falling by $540 over the past ten weeks due to rising interest rates in the US. This is a significant departure from its traditional role as an inflation hedge, and highlights the changing market dynamics.