BREAKING – Bitcoin Breaks $77K As Iran Reopens Strait Of Hormuz
US President Donald Trump took to Truth Social to announce that the Strait of Hormuz is now fully open for passage — a declaration that came hours after Iran’s Foreign Minister, Abbas Araghchi, confirmed the waterway would be unblocked for all commercial vessels during the remaining period of the US-Iran ceasefire. Related Reading: Bitcoin, Ethereum Trading Expands As Charles Schwab Enters Crypto Market Trump Weighs In As Bitcoin Climbs Bitcoin reacted fast. The leading cryptocurrency jumped sharply after Araghchi’s announcement and rose above $77,000 — its highest mark since....
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The crypto market suffered a slight dip on Saturday, April 18th, after the tensions in the Middle East took an interesting turn over the weekend. On Friday, United States President Donald Trump announced that Iran fully reopened the Strait of Hormuz (for the first time since March) for the free passage of oil vessels, with […]
On April 17th, Bitcoin rose by 2.77%, after Iran declared the Strait of Hormuz commercially open for the rest of its 10-day ceasefire with the US. With the market anticipating further upward movement, an on-chain analysis suggests a retracement could be the next event. Related Reading: BREAKING – Bitcoin Breaks $78K As Iran Reopens Strait Of Hormuz On-Chain Metrics Signal Imminent BTC Pullback In a recent QuickTake post on CryptoQuant, on-chain analyst MAC_D outlines a confluence of metrics signaling a possible price retracement. MAC_D highlights that, as Bitcoin grows, readings from the....
Iran’s Foreign Ministry came out swinging on Sunday, accusing the United States of committing war crimes through what it described as an unlawful naval blockade — a charge that landed just hours after US President Donald Trump accused Tehran of firing in the Strait of Hormuz and breaking the terms of an active ceasefire. Related […]
As markets reacted to Tuesday evening’s ceasefire announcement, Iran moved to assert control over passage through the Strait of Hormuz by saying it will demand crypto tolls — chiefly Bitcoin (BTC) — from oil tankers transiting the vital waterway during the two‑week pause in hostilities. Tankers Must Pay In Bitcoin Within Seconds Hamid Hosseini, a […]
At least one vessel that came under fire while trying to leave the Strait of Hormuz may have been acting on fraudulent instructions — directions that came not from Iranian officials, but from criminals posing as them. Related Reading: Stablecoin Hype Overblown? Moody’s Says Banks Aren’t In Danger Maritime risk firm Marisks flagged the possibility […]