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    Home»Web3»The price of bitcoin slips below $ 100k, pointing to the oil -led risk on Wall Street, Iran looks to block the strand of Hormuz’s Strait
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    The price of bitcoin slips below $ 100k, pointing to the oil -led risk on Wall Street, Iran looks to block the strand of Hormuz’s Strait

    PineapplesUpdateBy PineapplesUpdateJune 22, 2025No Comments2 Mins Read
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    The price of bitcoin slips below $ 100k, pointing to the oil -led risk on Wall Street, Iran looks to block the strand of Hormuz’s Strait
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    The price of bitcoin slips below $ 100k, pointing to the oil -led risk on Wall Street, Iran looks to block the strand of Hormuz’s Strait

    Bitcoin

    The lowest point of falling below $ 100,000 on Sunday, since May, indicating the risk on Wall Street on Monday, is bending towards blocking the strainer of the hormuj amid reports, indicating the risk on Wall Street.

    The Strait, located between Oman and Iran, combines the Persian Gulf with the Gulf of Oman and the Arabian Sea, which handles about 20% of the global oil trade.

    Observers were worried about an important spike in oil prices in the early hours of Monday to close the report of Iranian politicians.

    “After the US attacks on Iran last night, 50+ big oil tankers were hitting the straight of hormuz. The markets have been shut down, but the supply is expected to be sent more immediately. Said On X.

    According to JP Morgan, oil in that scenario can increase $ 120- $ 130 per barrel. He can do Potential lift The US inflation rate was the highest since 5%, since March 2023. At that time, the Federal Reserve was increasing the interest rates.

    The disadvantage in the BTC was heavy in the wider crypto market, as usual, draws major altcoins such as XRP, SOL and Eth Lower. According to CONDESK data, the payment-centric XRP became the lowest since April 10. Ethereum’s ether token slipped in early May.

    100K bitcoin block Hormuzs Iran LED oil pointing price risk slips Strait strand Street Wall
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