$BTC

BTC
BTC
75,704
+0.05%

Rising tensions in the Strait of Hormuz due to Iranian threats to close it

Imposition of strict restrictions on ship movement

Growing concerns over global oil supply

📈 Impact on Bitcoin:

Price surged above $78,000, then stabilized around $77,000

Investors are turning to Bitcoin as a safe-haven asset during uncertainty

📊 Conclusion:

The market is highly sensitive to geopolitical events

Situation remains open between escalation and de-escalation

Any new development could trigger strong volatility in BTC