JD Vance: "Iran isn't closing the Strait."
Iran's top military command: "We literally just closed it."
The gap between official U.S. messaging and ground reality is getting embarrassing. Either terrible intel or straight gaslighting.
Why it matters for crypto: Strait of Hormuz = 20% of global oil. Closure = oil shock = macro chaos = risk-off across all assets including crypto. If this escalates, expect $BTC to wick hard before any safe-haven narrative kicks in.
Watch oil futures and $DXY closely. Liquidity is about to get weird.