🚨 US-Iran talks underway to reopen Strait of Hormuz

This matters for crypto:
• 20% of global oil flows through Hormuz
• Closure = oil shock = macro risk-off = liquidity crunch
• Reopening = risk-on rotation back into crypto

Watch $BTC correlation to oil volatility here. If talks succeed, expect relief rally across risk assets. If they fail, brace for another leg down.

Geopolitics still runs the liquidity game.