The current conflict in the Middle East, particularly the blockade of the Strait of Hormuz, has kept the crypto market in a state of high sensitivity. While Bitcoin initially dropped toward $64,000 at the onset of hostilities, it has shown resilience by rebounding past $75,000 following news of a fragile ceasefire. However, the war-driven spike in energy costs continues to fuel global inflation, making it harder for central banks to lower interest rates—a move typically needed for a sustained crypto bull run. For now, digital assets are trading as "risk-on" indicators, where prices swing sharply based on the latest geopolitical headlines rather than technical trends.#USInitialJoblessClaimsBelowForecast #BitcoinPriceTrends #CZ’sBinanceSquareAMA $BTC

BTC

77,255.01

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