Bitcoin Hits $78K as Trump Says Strait of Hormuz Is Fully Open
Bitcoin surged on April 17 after the US President Donald Trump said the Strait of Hormuz was open again and shipping passage was being restored.
In a Truth Social post, Trump wrote that Iran had announced the strait was “fully open and ready for full passage.” He added that sea mines had been removed, or were being removed, with the help of the United States.
Earlier today, Trump posted again that Chinese was “very happy” that the Strait of Hormuz was open or rapidly opening. He also said that a meeting coming up in China could be historic.
The market reacted fast as Bitcoin jumped
BTCUSDT
Perp
75,278.1
-1.12%
ETHUSDT
Perp
2,244.45
-1.86%
USDCUSDT
Perp
0.99969
+0.02%