๐จ Bitcoin Crashes to $98K After Iran Blocks the Strait of Hormuz
Geopolitical tensions spiked as Iran announced plans to close the Strait of Hormuz following U.S. airstrikes. The result? A sharp crypto market crash:
๐ Bitcoin: $98,000
๐ต Ethereum: $2,180 (โ10%)
๐ข XRP: $1.93 (โ8%)
The Strait of Hormuz is vital โ 25% of global oil passes through it. Blocking it shocked oil and crypto markets alike.
๐ This proves: Crypto is no longer immune to global politics.
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