Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

0.36%TRX$0.3339 1.32%LINK$9.27 1.08%ADA$0.2488 0.72%BCH$442.16 0.76%XRP$1.43 0.27%ETH$2,327 1.42%BTC$75,791 0.39%XMR$346.76 0.85%BNB$625.82 1.23%XLM$0.1716 0.89%SOL$86.31 0.42%HYPE$43.34 2.83%USD Written by William Suberg,Staff WriterReviewed by Allen Scott,Staff EditorBitcoin price drops to $75K as new Hormuz closure puts focus on oil3 hours agoBitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route. Bitcoin (BTC) sought to protect $75,000 into Sunday’s weekly close as crypto surfed fresh uncertainty over the US-Iran war. Bitcoin price action sinks from ten-week highs amid fears that the US-Iran war has returned in full force. Iran closes the Strait of Hormuz, bringing back the risk of an oil-price surge. BTC price action faces ongoing resistance at a 21-week trend line into the weekly close. Data f

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