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$BTC As of April 12, 2026, the price of Bitcoin (BTC) has risen back to around $73.3k (24h +0.66%). Today's rally is not driven by a single positive factor but is the result of a resonance between "geopolitical sentiment recovery" and "shorts being passively liquidated."
🕊️ Geopolitical risk premium unwinding (core driver)
The risk-averse sentiment accumulated due to the Strait of Hormuz blockade has reversed. As the US and Iran reached a temporary ceasefire agreement and negotiations progressed, market concerns about a prolonged blockade eased. Risk appetite has rebounded, with funds shiftin

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