🚨Urgent: US strikes in the Strait of Hormuz.. and how will they affect #الكريبتو ?The U.S. military carried out strikes on Iranian missile and drone sites near the Strait of Hormuz, in response to an Iranian attack on a commercial vessel.
📌Strait of Hormuz = 20% of global oil supplies! Any escalation there = a sharp rise in oil prices, inflation, and geopolitical tension.The impact on crypto:Short term: BTC and ETH often fall with “Risk-Off” (fear drives flows to the dollar and gold).
📌Medium term: Higher oil prices = inflation → Bitcoin as “digital gold” could rise as a safe haven.History teaches: Any oil crisis = violent market volatility.$BTC
$ETH $BNB #xrp
📌Strait of Hormuz = 20% of global oil supplies! Any escalation there = a sharp rise in oil prices, inflation, and geopolitical tension.The impact on crypto:Short term: BTC and ETH often fall with “Risk-Off” (fear drives flows to the dollar and gold).
📌Medium term: Higher oil prices = inflation → Bitcoin as “digital gold” could rise as a safe haven.History teaches: Any oil crisis = violent market volatility.$BTC
$ETH $BNB #xrp