Bitcoin threatens $62K in risk-asset rout as Donald Trump says US will 'run' closed Hormuz Strait
CoinTelegraph·
60-second summary
Bitcoin bulls face an uphill struggle to preserve $62,000 as stocks open down on Strait of Hormuz rhetoric between the US and Iran, with tensions escalating between the two nations. Donald Trump's statement that the US will 'run' the closed Strait of Hormuz further fuels market anxiety, threatening a broader risk-asset rout and weighing on crypto prices.
Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran.