šØ Trump just said he's about to declare the Strait of Hormuz as "US territory"
This isn't just geopolitics theater ā it's oil chokepoint control. 20% of global oil flows through there.
If this goes through:
ā¢ Energy markets spike
ā¢ Risk-on assets dump short term
ā¢ $BTC could catch safe-haven bid OR get liquidated with equities
Watch crude futures and DXY. Volatility incoming.
This isn't just geopolitics theater ā it's oil chokepoint control. 20% of global oil flows through there.
If this goes through:
ā¢ Energy markets spike
ā¢ Risk-on assets dump short term
ā¢ $BTC could catch safe-haven bid OR get liquidated with equities
Watch crude futures and DXY. Volatility incoming.