๐จ Iranian MP: Hormuz Strait Closure Recommended โ Bitcoin Reacts Bearishly
A senior member of Iranโs Parliament, Kevseri, from the National Security Commission, stated that the legislative body has concluded the Strait of Hormuz should be closed.
However, the final decision lies with Iranโs Supreme National Security Council.
The news sent shockwaves through global markets, with Bitcoin reacting negatively amid rising geopolitical tensions.
Will crypto remain resilient if the situation escalates? The coming hours could be critical.
