Crypto
Bitcoin Maintains Crucial Support Level; Oil Prices Underwhelm Amid Geopolitical Tensions
Market reactions reveal a lack of anticipation for an oil price spike due to recent geopolitical events, affecting both oil and Bitcoin prices.
Crypto
Bitcoin Dips Below $100,000 Amid Oil Supply Concerns
Bitcoin's price fell below $100,000, marking its lowest point since May, as concerns grow over potential disruptions in global oil supply due to Iran's actions.
Finance
Iran Contemplates Closing the Strait of Hormuz; Digital Oil Memecoin Surges Over 400%
The Iranian Parliament is considering closing the Strait of Hormuz, which could lead to a significant increase in global oil prices. Meanwhile, the lesser-known digital oil memecoin (OIL) has surged over 400%.
Finance
Likelihood of Iran Closing Hormuz Strait Climbs to 52% Amid U.S. Airstrikes
After U.S. airstrikes on Iran's nuclear facilities, the probability of the country blocking the Strait of Hormuz has surged, raising concerns over possible oil price spikes.
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