Bitcoin dips to $70.6K, oil rises after US announces Hormuz blockade

Bitcoin dips to $70.6K, oil rises after US announces Hormuz blockade

0.19%BTC$70,999 0.88%XLM$0.1506 0.79%TRX$0.3205 0.15%XMR$342.56 1.17%DOGE$0.09123 0.04%BCH$425.65 0.27%ADA$0.2383 2.24%BNB$595.01 0.15%ETH$2,195 0.88%SOL$81.96 0.46%HYPE$41.55 1.26%XRP$1.32 0.34%USD Written by Brayden Lindrea,Staff WriterReviewed by Felix Ng,Staff EditorBitcoin dips to $70.6K, oil rises after US announces Hormuz blockade2 hours agoUS President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.” Bitcoin fell as low as $70,623 on Sunday after the US announced a blockade of the Strait of Hormuz following failed peace talks with Iran. The price of Bitcoin (BTC) initially fell 1.9% to $71,686 after US President Donald Trump confirmed the blockade in a post to Truth Social on Sunday, adding that peace talks collapsed because Iran refused to end its nuclear program — the only issue that “really mat

Source: https://cointelegraph.com/news/bitcoin-falls-oil-rises-us-to-block-strait-of-hormuz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound