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🛑 Iran Moves to Close the Strait of Hormuz: Oil Spikes, Crypto Falls 💥📉 🚨 The world's most critical oil artery is under threat. Iran’s parliament has voted to approve the closure of the Strait of Hormuz—a narrow channel through which over 20% of the world’s oil passes. This comes in response to U.S. airstrikes on Iran’s nuclear sites, sparking a fresh geopolitical crisis in the Gulf. ⛽ With oil prices jumping sharply, markets are rattled. But guess who else is feeling the heat? Crypto. 📉 Bitcoin Drops as Risk-Off Sentiment Grows 🟠 As of now, Bitcoin is trading at $100,737, down nearly 3% over the last 24 hours. 🟣 Ethereum and other altcoins have seen even sharper corrections. Why? Because when global energy is at risk, investors pull out of volatile assets and move toward safe havens like gold or the U.S. dollar. 💡 Why This Matters: Oil Shock = Global Fear = Sell-Off Crypto behaves like a risk asset in crises, not a safe haven If the strait remains closed or under threat, we could see $BTC BTC dip to $95K or lower But if markets calm and oil stabilizes, it could be a golden opportunity to buy the dip 📊 What to Watch: ✅ Oil prices above $100/barrel = more crypto panic ✅ Bitcoin support zone: $100K–104K ✅ Global reaction to Iran’s military posturing ⚠️ Final Word: Crypto isn’t immune to world politics. When oil spills over into conflict, even digital gold takes a hit. Stay alert. Stay informed. And if you’re in the markets — manage your risk like a pro. #IsraelIranConflict #MarketPullback #StraitOfHormuz
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Closure of the Strait of Hormuz & Its Ripple Effects on Crypto Markets
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Why Crypto Is Down Today: The Israel–Iran Strike Effect
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Unlocking the Power of The New Binance App Widgets
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