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EdaFace Newsfeed > Latest News > Crypto News > Hot Development: Iran denies Bitcoin exceeds 80 thousand dollars again
Crypto News

Hot Development: Iran denies Bitcoin exceeds 80 thousand dollars again

vitalclick
Last updated: May 4, 2026 4:55 pm
3 hours ago
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BTC price broke back above $80,300 and is heading towards its daily top. Moreover, this rise is happening while the rally in the US stock markets has stopped. We have previously talked about which levels will pave the way for such a break. So what statement did Iran make? What’s the latest situation?

Bitcoin is rising again

The UAE announced that it blocked 3 Iranian missiles about half an hour ago. Additionally, the oil industrial zone was hit and fire extinguishing efforts began. But Iran denied this. Although it was thought that the missiles or drones that hit Fujairah belonged to Iran, this denial was enough to alleviate concerns that tensions would increase in the following hours and Bitcoin regained the $ 80,300 threshold.

For BTC, closes above $80,300 are expected to pave the way for a larger rise to $84,500.



“of Iran “There are no plans to target the UAE.” – Iranian state media

US Admiral Cooper said the following at the time the article was being prepared;

“USA, in the Strait of Hormuz He opened a corridor for free passage. Iran tried to intervene by opening fire on merchant ships but failed. CENTCOM assisted two US-flagged ships passing through the Strait of Hormuz. The USA destroyed 6 Iranian small boats that tried to prevent the passage of commercial ships.

“The US military blockade of Iran exceeds expectations.”

US Admiral Cooper warned Iranian forces to stay away from US military assets. While all this is happening UAE He announced a few minutes ago that “our air defense systems took action against the fifth missile threat.” Volatility seems to increase in the coming hours.



Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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