Bitcoin’s recent stability was briefly interrupted when its price increased by several hundred dollars, reaching almost $67,600 – a level it hadn’t seen since Thursday – following a recent warning about Iran issued by Donald Trump.
The US President threatened severe consequences for a Middle Eastern country if they didn’t reopen the Strait of Hormuz within 48 hours, warning of widespread devastation.
What’s noteworthy about this renewed 10-day warning is its expiration time: 10:05 AM Eastern Time on Monday, April 6th. This is only 35 minutes after trading begins on Wall Street following a three-day weekend.
The Kobeissi Letter’s analysts think this announcement suggests the next two days could be very significant.
President Trump gave Iran a 48-hour deadline regarding the Strait of Hormuz, and that period ends at 10:05 AM Eastern Time 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
Even though the U.S. stock market is currently closed, cryptocurrency trading continues around the clock. Usually, news like this causes an immediate reaction in the crypto market, but this time, it didn’t seem to have much effect on Bitcoin.
The leading cryptocurrency has been trading around $67,000 for the last day, briefly rising to $67,600 before leveling off.
Most larger cryptocurrencies are performing similarly right now, with Ethereum trading around $2,050 and XRP just above $1.30.
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2026-04-04 19:15