#GENIUSActPass Bitcoin has swung wildly over the last week as traders brace for a massive bitcoin and crypto market shock.

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The bitcoin price plummeted toward $100,000 per bitcoin at the beginning of the latest Israel-Iran conflict, with a serious Coinbase warning further weighing on the bitcoin price.Now, after a bitcoin price rebound fails to hold despite a surprise crypto market prediction by U.S. Treasury secretary Scott Bessent, analysts are warning that the rising risk of Iran closing the Strait of Hormuz key global oil market passage could spark a fresh round of crypto volatility.