Bitcoin Turns Lower, Reversing Overnight Gains -- Market Talk

Dow Jones04-10

0730 GMT - Bitcoin falls, reversing much of its overnight gains amid uncertainty ahead of planned weekend talks between the U.S. and Iran. The Strait of Hormuz remains effectively at a standstill despite the U.S. and Iran agreeing a cease-fire with Iran limiting the number of ships passing through the critical energy chokepoint. Iran has cited Israel's ongoing strikes in Lebanon, prompting Trump to ask Israel to scale back attacks. Israel has agreed to begin direct negotiations with Lebanon which are tentatively scheduled for next week. Bitcoin falls 0.8% to $71,820 after reaching a three-week high of $73,067 overnight, LSEG data show. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

April 10, 2026 03:30 ET (07:30 GMT)

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