Bitcoin Tumbles Below $74,000 After Iran Walks Away From Peace Talks With the U.S.

Bitcoin Tumbles Below $74,000 After Iran Walks Away From Peace Talks With the U.S.


image By Jack • April 20, 2026 7:47 am •

It was a rough weekend for crypto.

Bitcoin dropped below $74,000 on Saturday after Iran officially rejected a second round of peace talks with the United States. The move sent shockwaves through global markets, and crypto took a direct hit. An estimated $83 billion was wiped from the broader crypto market in a matter of hours.

Iran’s state-run Islamic Republic News Agency confirmed Tehran’s withdrawal from the proposed negotiations. Officials cited what they described as excessive demands from Washington and the ongoing U.S. naval blockade in the Strait of Hormuz. The first round of talks, held April 11-12 in Islamabad, Pakistan, stretched over 21 hours without producing a ceasefire or nuclear agreement.

Watcher.Guru was one of

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