$BTC
DETAILED + FEAR* - Max engagement
OIL CRISIS ESCALATES 🚨 STRAIT OF HORMUZ SHUTDOWN
US: Blockade on Iranian oil continues
"We will have to deal with them" - Energy Sec Chris Wright
IRAN: "Era of proportionate responses is OVER"
New restricted zone coming outside Strait of Hormuz
THE DAMAGE:
- 3 Iranian tankers hit: Kylo SUNK, Stark I disabled
- 3 US-linked ships hit by Iran
- Brent Oil: $97.05 +0.47%
- Only 1 vessel crossed Saturday
WHY THIS IS BAD FOR CRYPTO:
Oil up → Inflation up → Fed hawkish → BTC dumps
Strait of Hormuz = 20% of global oil
Trump calls it "small potatoes"
Market might be down.
#Geopolitics #Binance #Inflation
#BTC #CryptoNewss
DETAILED + FEAR* - Max engagement
OIL CRISIS ESCALATES 🚨 STRAIT OF HORMUZ SHUTDOWN
US: Blockade on Iranian oil continues
"We will have to deal with them" - Energy Sec Chris Wright
IRAN: "Era of proportionate responses is OVER"
New restricted zone coming outside Strait of Hormuz
THE DAMAGE:
- 3 Iranian tankers hit: Kylo SUNK, Stark I disabled
- 3 US-linked ships hit by Iran
- Brent Oil: $97.05 +0.47%
- Only 1 vessel crossed Saturday
WHY THIS IS BAD FOR CRYPTO:
Oil up → Inflation up → Fed hawkish → BTC dumps
Strait of Hormuz = 20% of global oil
Trump calls it "small potatoes"
Market might be down.
#Geopolitics #Binance #Inflation
#BTC #CryptoNewss