{"id":71112,"date":"2026-04-14T10:03:43","date_gmt":"2026-04-14T10:03:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-market-cap-hits-2-6-trillion-as-bitcoin-eyes-75k-amid-hormuz-standoff-markets-and-prices-bitcoin-news\/"},"modified":"2026-04-14T10:03:43","modified_gmt":"2026-04-14T10:03:43","slug":"crypto-market-cap-hits-2-6-trillion-as-bitcoin-eyes-75k-amid-hormuz-standoff-markets-and-prices-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-market-cap-hits-2-6-trillion-as-bitcoin-eyes-75k-amid-hormuz-standoff-markets-and-prices-bitcoin-news\/","title":{"rendered":"Crypto Market Cap Hits $2.6 Trillion as Bitcoin Eyes $75K Amid Hormuz Standoff \u2013 Markets and Prices Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>The <span>crypto<\/span> <span>market cap<\/span> hit $2.6 trillion on April 14 as <span>bitcoin<\/span> reached a session high of $74,959.<\/li>\n<li>A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers.<\/li>\n<li>Rising tensions after a U.S. blockade of the Strait of Hormuz may force a reaction from China next.<\/li>\n<\/ul>\n<h2> <span>Bitcoin<\/span> Leads the Charge<\/h2>\n<p>The <span>crypto<\/span> economy\u2019s market capitalization topped $2.6 trillion early Tuesday, April 14, as both <span>bitcoin<\/span> and <span>altcoins<\/span> shrugged off geopolitical tensions to post significant gains. According to daily chart data, the <span>market cap<\/span> climbed from $2.53 trillion Monday afternoon to $2.607 trillion by 3 a.m. Tuesday, a gain of more than 3%.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p> <span>Bitcoin<\/span> drove the rally, <a href=\"https:\/\/news.bitcoin.com\/bitcoin-shrugs-off-strait-of-hormuz-blockade-to-hit-72629-intraday-high\/\">extending momentum<\/a> from Monday. According to Bitstamp data, the leading <span>cryptocurrency<\/span> rose to a session high of $74,959, briefly pushing its <span>market cap<\/span> past the $1.5 trillion threshold. The last time <span>bitcoin<\/span> traded at this level was March 17, when its price diverged from global equities that were declining at the time. Since April 7, <span>bitcoin<\/span> has gained just over 8%.<\/p>\n<p>Ethereum ( <span>ETH<\/span>) led <span>altcoins<\/span>, jumping from $2,183 to a peak of $2,381, its highest since Feb. 1. The nearly 9% gain in 24 hours lifted its <span>market cap<\/span> to $287 billion. HYPE also posted notable gains, rising 9% to $45. RAVE, which surged 240% Monday, <a href=\"https:\/\/news.bitcoin.com\/rave-token-rockets-past-9-weekly-gains-top-3400\/\">continued<\/a> its rally, hitting a record $14.18 before retreating to $12.31. Even after the pullback, RAVE was up 31% in 24 hours, pushing its weekly gains to 4,500%.<\/p>\n<p>Aside from a few tokens such as <span>TRX<\/span> and M, which saw marginal losses, <span>altcoins<\/span> generally rose between 2% and 5%. The gains briefly lifted the aggregate <span>altcoin<\/span> <span>market cap<\/span> to $1.18 trillion.<\/p>\n<p>The rally triggered $440 million in liquidations of leveraged short positions over 24 hours, including $226 million in <span>bitcoin<\/span> shorts. <span>ETH<\/span> and RAVE also saw significant liquidations of $123 million and $25 million, respectively. Overall, <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> market liquidations totaled $540 million.<\/p>\n<p>The <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> market has rallied despite a sharp escalation in geopolitical friction following the U.S. blockade of the Strait of Hormuz. The Trump administration initiated the maritime standoff just hours after a high-stakes diplomatic collapse between U.S. and Iranian officials. By obstructing the transit of vessels through this vital energy artery, Washington aims to <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a> economic strangulation to force Tehran back to the negotiating table.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"flex flex-col overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:hidden\">\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin pushed toward the $75,000 level on Monday, April 13, 2026, as traders covered short positions following President Trump&#8217;s order\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:flex md:flex-row md:gap-3 lg:hidden\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin pushed toward the $75,000 level on Monday, April 13, 2026, as traders covered short positions following President Trump&#8217;s order\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] lg:flex lg:flex-row lg:gap-4\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F04%2Fbitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<div class=\"flex items-start gap-3\">\n<h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Bitcoin Price Climbs Toward $75,000 as US-Iran Strait of Hormuz Tensions Trigger Short Squeeze<\/h3>\n<p><a class=\"flex h-12 w-[180px] shrink-0 items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-price-climbs-toward-75000-as-us-iran-strait-of-hormuz-tensions-trigger-short-squeeze\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin pushed toward the $75,000 level on Monday, April 13, 2026, as traders covered short positions following President Trump&#8217;s order\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>However, the strategy has ignited significant international pushback. Geopolitical analysts warn that the move may goad China into a direct confrontation, especially since Beijing has already formally denounced the blockade as a violation of international maritime law. The situation grew even more <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatile<\/a> following several reports that a sanctioned Chinese vessel successfully breached the blockade.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-market-cap-hits-2-6-trillion-as-bitcoin-eyes-75k-amid-hormuz-standoff\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: The crypto market cap hit $2.6 trillion on April 14 as bitcoin reached a session high of $74,959. A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers. Rising tensions after a U.S. blockade of the Strait of Hormuz may [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":71113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71112"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71112"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71113"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}