Bitcoin is calm — but the geopolitical risk isn’t.

The Strait of Hormuz is back in focus today.

Iran and Oman are discussing a shipping arrangement, but uncertainty remains. Iran has proposed restrictions on certain vessels, while Brent crude moved back above $83/barrel as traders worried about disruptions to one of the world’s most important oil routes.

Meanwhile, Bitcoin is hovering around $64K, showing relatively limited reaction compared with the stress visible in energy markets.

Why does this matter?

Because higher oil prices can feed into inflation expectations, which can influence interest-rate expectations and eventually liquidity — all of which matter for risk assets like crypto.

My takeaway: don’t trade the headline; watch how BTC reacts to the headline.

Not a signal — just my market read.

If oil keeps climbing, do you expect BTC to stay resilient or eventually feel the pressure?

$BTC