Strait of Hormuz Blockade: Bitcoin Drops Below $71,000 as Oil Surges to $105
Trump announces Strait of Hormuz naval blockade. Bitcoin drops to $70,800, oil surges to $105. Iran collects crypto tolls: $20M/day in BTC and USDT.
Bitcoin Rejected at $70,000: Between Iran Ceasefire Hopes and Trump’s Ultimatum
A short-lived rally to $70,000 Bitcoin briefly surpassed $70,000 on Sunday, April 6, 2026, for the first time since March 25. The rally was driven by reports that Iran was seeking a ceasefire with the United States, reigniting optimism across financial markets. The euphoria was short-lived, however. By Monday morning, BTC had fallen back to…
Iran War: Bitcoin Plunges Below $66,000 as Oil Surges to $111
The armed conflict between the United States and Israel against Iran since February 28, 2026 has triggered a full-blown earthquake across global financial markets. Bitcoin, oil, Asian stock exchanges: no asset has been spared by this unprecedented military escalation in the Middle East. Within days, crude oil broke through the symbolic $100 barrier, Asian stock…
