Oil Shock Pushes Bitcoin Below $71K as Bitcoin Hyper Presale Tops $32.39M

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David Pokima

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David Pokima

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Jun 2023

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David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.

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Last updated: 

April 13, 2026

Bitcoin price fell below $71,000 on Monday after President Trump ordered a naval blockade of the Strait of Hormuz, an oil shock move that sent crude prices sharply higher and halted tanker traffic through one of the world’s key energy chokepoints.

WTI crude jumped 8% to $104.40, and Brent rose 7% to $101.86 after peace talks with Iran collapsed over the weekend. Bitcoin traded around $70,700 this morning as markets moved into a risk-off posture.

Against that backdrop, the Bitcoin Hyper (HYPER) presale has continued to draw demand, raising more than $32.39 million as investors look beyond short-term price turbulence and toward Bitcoin-linked infrastructure plays.

The U.S. action follows the breakdown in negotiations with Iran and is due to take effect today. According to the new U.S. blockade, ships leaving Iran’s ports are excluded, while the wider disruption has effectively stopped traffic through a route that handles roughly 20% of global oil trade.

The immediate pressure falls on major importers, including China and India, with broader concerns centered on inflation, equities, and global risk sentiment. Analysts have warned that prolonged disruption could push oil to $150 a barrel.

Bitcoin’s retreat fits that macro pattern. After testing higher levels last week, the asset moved lower as traders responded to geopolitical stress and a renewed energy shock.

Derivatives positioning points to a volatile setup. As trader Ted Pillows said on X, a 10% Bitcoin rally would liquidate $3.44 billion in short positions, while a comparable move lower would wipe out $5.44 billion in longs, leaving maximum pain skewed to the downside.

$3,440,000,000 in shorts will get liquidated if $BTC pumps 10%.

$5,440,000,000 in longs will get liquidated if Bitcoin dumps 10%.

Max pain is currently to the downside here in the short term. pic.twitter.com/FLbPxXFuRE

— Ted (@TedPillows) April 12, 2026

Bitcoin Hyper Draws Attention as a Bitcoin Infrastructure Bet

While spot BTC has weakened, interest has remained firm in projects positioned around Bitcoin network utility. That has kept focus on the Bitcoin Hyper presale, which is marketing itself as a Layer 2 network aimed at improving Bitcoin transaction speed and costs.

Bitcoin Hyper (HYPER) is being built on the Solana Virtual Machine, with the project saying its network will support faster, lower-cost transfers as well as DeFi and dApp functionality. The design uses a non-custodial bridge intended to preserve Bitcoin Layer 1 security while expanding what users can do on top of the chain.

In practical terms, the pitch is straightforward: users gain a more flexible Bitcoin-based environment without sacrificing the decentralization and finality of the base network.

When the future calls 📞

Bitcoin Hyper is already on the line. 🔥⚡️https://t.co/VNG0P4GuDo pic.twitter.com/Kbl5ciAIpq

— Bitcoin Hyper (@BTC_Hyper2) April 12, 2026

The HYPER token will be used for gas fees, staking rewards, and governance. Total supply is capped at 21 billion, with allocations covering development, treasury, marketing, rewards, and exchange listings.

With Bitcoin under pressure from the oil move, supporters of the project are framing the HYPER presale as an alternative way to express a long-term Bitcoin view through ecosystem expansion rather than spot exposure alone.

Everything You Need to Know About Bitcoin Hyper Presale Price, Timeline, and Access

The current presale stage ends tomorrow, with HYPER priced at $0.0136785.

Investors can review the offering and participate through the official Bitcoin Hyper presale website. The sale supports ETH, BNB, USDT, USDC, SOL, and bank card payments.

HYPER can also be purchased through the Best Wallet crypto wallet, available via the Apple App Store and Google Play.

Purchased tokens can be staked immediately at a current 36% APY.

For project updates, users can follow Bitcoin Hyper on X and join the official Telegram channel.

Visit Bitcoin Hyper.