Bitcoin "Immune" to Global Turmoil, Holds Steady at US$75,000 for a Week
Bitcoin “Immune” to Global Turmoil, Holds Steady at US$75,000 for a Week
Jakarta, CNBC Indonesia — The cryptocurrency asset market showed strengthening movements in the third week of April 2026. The ongoing geopolitical uncertainty following the failure to reach an agreement between the United States and Iran has influenced short-term capital flows into digital assets.
This situation has kept the price of Bitcoin (BTC) stable above the US$75,000 range. However, this price movement needs to be evaluated carefully, taking into account the overall global macroeconomic indicators.
Chronology of Geopolitics and Crypto Market Response
Bitcoin’s daily price movements recorded a measured response in line with developments from the Middle East region. At the start of the week, from Monday (13/4) to Tuesday (14/4), reports emerged regarding the failure of peace negotiations and initial indications of the closure of logistics routes in the Strait of Hormuz.
The market responded to this initial uncertainty with gradual accumulation, pushing Bitcoin’s price up consistently from the opening level of US$73,195 to US$74,126.
Entering mid-week, the global economic outlook received negative notes from international institutions as diplomatic efforts still failed to find common ground.
Crypto market participants responded to these macroeconomic risks by increasing allocations to digital assets, driving further strengthening until Bitcoin reached US$75,236 on Thursday (16/4).
The situation escalated further towards the end of the trading week on Friday (17/4), where Iran reportedly rejected the format of a temporary ceasefire, followed by the implementation of a blockade in the Strait of Hormuz.
To anticipate unexpected risks over the weekend, investors carried out significant hedging, pushing Bitcoin to the weekly high of US$77,371.
After a series of geopolitical sentiments that triggered gains throughout the week, the market then experienced a normal adjustment on Saturday (18/4).
There was short-term profit-taking by market participants, bringing the price to a reasonable correction and stabilising at US$75,780.
Fundamental Dynamics and Hedge Narrative
Overall, this price increase aligns with rising global risk premiums. The lack of conflict resolution has prompted some institutional market players to place their liquidity in digital asset instruments.
In this situation, Bitcoin is utilised as an alternative hedging option unbound by specific national jurisdictions, especially when market stability and conventional energy supply chains are affected by security escalations.
Performance of Major Altcoin Sector
Bitcoin’s strengthening was also accompanied by stability in the alternative cryptocurrency (altcoin) market. Several large-cap assets recorded positive weekly performances. XRP posted a weekly gain of +5.93% to US$1.43.
Similar performance was seen in Binance Coin (BNB), which rose +3.74% to US$629.34, and Solana (SOL), which grew +1.36% to US$86.03.
On the other hand, there was variation in movements where Cardano (ADA) recorded a slight decline of -0.33% to US$0.2489. Meanwhile, the Hyperliquid (HYPE) token posted a +2.19% gain at US$43.65.
This data indicates that capital rotation in the crypto market continues normally and is selectively concentrated on certain assets.
Macroeconomic Prospects and Price Targets
The price increase driven by geopolitical factors is classified as a short-term response. Fundamentally, the crypto market’s long cycle is still influenced by macroeconomic liquidity and the direction of global interest rate policies, which currently remain tight due to energy inflation risks.
Therefore, the price position above US$75,000 can be considered a rational area for risk adjustment. The outlook maintains a long-term capital allocation target in the US$40,000–US$45,000 price range.
This range is projected as the cycle bottom, expected to form only in the second half of 2026. A wait-and-see strategy remains relevant amid current macroeconomic conditions.