Bitcoin hits $77,000 amid US-Israel-Iran tensions, oil prices surge

Bitcoin surged to $77,000 amid escalating U.S.–Israel–Iran tensions, a move markets tie to rising oil prices and geopolitical risk. Brent crude topped $111/barrel as threats to the Strait of Hormuz raised supply concerns, prompting traditional safe havens like gold to rally while Bitcoin showed mixed safe-haven and risk-asset behavior. Prediction-market pricing signals strong odds (99.2%) Bitcoin will remain above $68,000 by May 3, though markets assign negligible probability to short-term upside targets like $79,000 or $94,000. The story suggests heightened market sensitivity to Middle East developments and oil-driven macro risk, which could influence investor flows into crypto, gold, and related risk assets or trigger volatility around ETF-related announcements and central-bank commentary.