- Most often, when the price of Bitcoin falls, the value of altcoins also declines, but Monday, April 13, 2026, was an exception.
- Today, the price of RaveDAO’s RAVE token jumped a whopping 3750% to nearly $10.
The failure of US-Iran negotiations predictably had a negative impact on Bitcoin’s price dynamics, and today BTC fell to $70,600 for the first time since last Thursday.
Against this backdrop, most major altcoins also saw slight gains or losses in price, but RaveDAO’s RAVE saw a truly massive gain of 3750% to $9.
Home kriptovalyuta increased sharply Last Wednesday, when the US and Iran announced a two-week ceasefire, ushering in lengthy ceasefire negotiations. Despite subsequent conflicting signals, BTC continued its climb.
As soon as US Vice President J.D. Vance announced that the parties had failed to reach an agreement, BTC lost more than two thousand dollars from its peak of $73,500.
Another the fall happened yesterday evening following threats by US President Trump to impose 50 percent tariffs on arms supplies to Iran by various countries, including China.
Currently, BTC is trading at $71,200, its market capitalization has fallen to $1,424 trillion, and its dominance among altcoins has decreased to 56,8% (CoinGecko data).
BTC/USD. Data: TradingView
Last week, RaveDAO’s RAVE was the clear leader in growth. On Monday, the price the token soared by an incredible 3747,5%. On a daily basis, the increase was over 230%.
Even the hourly dynamics are quite impressive: in 60 minutes token gained 18%, reaching a new all-time high of almost $10. It also entered the top 50 altcoins by market capitalization.
CoinGecko Data
The main trading volume was concentrated on Binance и OK Futures, exceeding $13 billion.
В Happy Coin News They described this as a potential “deception tactic” or a classic “pump and dump” scheme, where deposits created visible selling pressure to attract short sellers, followed by aggressive spot buying. This triggered a sharp reduction in short positions on the extremely low circulating supply of tokens (~23–25%).
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