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Bitcoin Recovers From Weekend Geopolitical Freakout, Drags Itself Back to $73,400
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Bitcoin Recovers From Weekend Geopolitical Freakout, Drags Itself Back to $73,400

By our Markets Desk1 min read

Bitcoin, after catching a weekend right hook to the jaw, staggered into the new week with an impressive bounce, climbing back to the $73,400 level. The weekend selloff knocked BTC down roughly 4% when US Vice President J.D. Vance returned from Pakistan without an Iran peace deal, and President Trump decided to throw a blockade party at the Strait of Hormuz. Geopolitical jitters hit risk assets like a freight train, but mercifully, the damage appears to have been temporary.

The recovery mirrored the broader market vibe check. US equities closed in the green, with the S&P 500 gaining around 1% and the Nasdaq adding 1.2%. Oil prices also slipped back below the $100 per barrel mark, which helped calm some of the market's nervous sweating.

For those keeping score, the pattern remains painfully consistent: 2026 has been serving weekend dumps and Monday recoveries like clockwork, and the last 48 hours are just another delightful entry

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Publishergascope.com
Published
UpdatedApr 16, 2026, 20:41 UTC

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