The Strait of Hormuz is back under full conflict status! 🚨
Clashes in the Strait of Hormuz are renewed—why every crypto trader should pay attention
The war that began on February 28 has returned again. The ceasefire between the United States and Iran collapsed in July, and the Strait of Hormuz is operating again under full conflict conditions.
Key points
1/5 of the world’s oil passes through Hormuz
Daily shipments dropped from 95 to just 10
6,000 sailors are still stranded
What it means for us:
Rising $OIL = higher inflation = delaying the Fed rate cuts = pressure on $BTC and many altcoins in the short term. But in the long run, $BTC is seen as a safe haven amid geopolitical chaos.
I’m closely tracking the $OIL chart. If it breaks the $90 level, expect high volatility in $BTC .
Do you buy fear—or wait?
Please follow up
$ETH $OIL
#Oil #CryptoNews #hormuzstraitfightingreignites
Clashes in the Strait of Hormuz are renewed—why every crypto trader should pay attention
The war that began on February 28 has returned again. The ceasefire between the United States and Iran collapsed in July, and the Strait of Hormuz is operating again under full conflict conditions.
Key points
1/5 of the world’s oil passes through Hormuz
Daily shipments dropped from 95 to just 10
6,000 sailors are still stranded
What it means for us:
Rising $OIL = higher inflation = delaying the Fed rate cuts = pressure on $BTC and many altcoins in the short term. But in the long run, $BTC is seen as a safe haven amid geopolitical chaos.
I’m closely tracking the $OIL chart. If it breaks the $90 level, expect high volatility in $BTC .
Do you buy fear—or wait?
Please follow up
$ETH $OIL
#Oil #CryptoNews #hormuzstraitfightingreignites
