{"id":583172,"date":"2026-04-14T04:52:45","date_gmt":"2026-04-14T04:52:45","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/14\/bitcoin-nears-75k-as-iran-deal-hopes-spark-400m-short-squeeze\/"},"modified":"2026-04-14T04:52:45","modified_gmt":"2026-04-14T04:52:45","slug":"bitcoin-nears-75k-as-iran-deal-hopes-spark-400m-short-squeeze","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/14\/bitcoin-nears-75k-as-iran-deal-hopes-spark-400m-short-squeeze\/","title":{"rendered":"Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDg5YTgtYThiZS03Yzg3LTk0YWUtODc5YTQ2YzRiZjI4LmpwZw==.jpg\" alt=\"Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze\" class=\"type:primaryImage\" \/><\/p>\n<p>A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets.<\/p>\n<p>Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment.<\/p>\n<p>The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000 traders of $530 million over the past 24 hours, <a title=\"https:\/\/www.coinglass.com\/liquidations\" href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"nofollow noopener\">according<\/a> to CoinGlass.<\/p>\n<p>The majority of liquidations occurred in the past 12 hours, and 80% of them, or $425 million, were leveraged short positions in Bitcoin (<a title=\"\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) and Ether (<a title=\"\/ethereum-price\" href=\"https:\/\/cointelegraph.com\/ethereum-price\" target=\"_blank\" rel=\"nofollow noopener\">ETH<\/a>).\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-75k-iran-deal-hopes-spark-rally\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets. Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-583172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=583172"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/583172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/583173"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=583172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=583172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=583172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}