Your browser does not support the audio element.
bitnasdaq-logo
  • ···
  • Buy Crypto
  • ···
  • Futures
  • ···
  • Trade
  • ···
  • Market
  • ···
  • Mining
  • ···
  • Financial
  • ···

Announcement

Help Center>News>Posts>

🛑 Iran Moves to Close the Strait of Hormuz: Oil Spikes, Cry

Ekowreel

Updated at: 4 hours ago

{"content":"🛑 Iran Moves to Close the Strait of Hormuz: Oil Spikes, Crypto Falls 💥📉 🚨 The world's most critical oil artery is under threat. Iran’s parliament has voted to approve the closure of the Strait of Hormuz—a narrow channel through which over 20% of the world’s oil passes. This comes in response to U.S. airstrikes on Iran’s nuclear sites, sparking a fresh geopolitical crisis in the Gulf. ⛽ With oil prices jumping sharply, markets are rattled. But guess who else is feeling the heat? Crypto. 📉 Bitcoin Drops as Risk-Off Sentiment Grows 🟠 As of now, Bitcoin is trading at $100,737, down nearly 3% over the last 24 hours. 🟣 Ethereum and other altcoins have seen even sharper corrections. Why? Because when global energy is at risk, investors pull out of volatile assets and move toward safe havens like gold or the U.S. dollar. 💡 Why This Matters: Oil Shock = Global Fear = Sell-Off Crypto behaves like a risk asset in crises, not a safe haven If the strait remains closed or under threat, we could see $BTC BTC dip to $95K or lower But if markets calm and oil stabilizes, it could be a golden opportunity to buy the dip 📊 What to Watch: ✅ Oil prices above $100/barrel = more crypto panic ✅ Bitcoin support zone: $100K–104K ✅ Global reaction to Iran’s military posturing ⚠️ Final Word: Crypto isn’t immune to world politics. When oil spills over into conflict, even digital gold takes a hit. Stay alert. Stay informed. And if you’re in the markets — manage your risk like a pro. #IsraelIranConflict #MarketPullback #StraitOfHormuz ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/01ced04d88bc4f15b2a38ba1763ce4ec.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

Related Articles

  • The GENIUS Act represents what the crypto industry has long
  • 🚨 BREAKING: GLOBAL TENSIONS SHAKE MARKETS 🚨 Russian Presi
  • Thank you, Mr. President. Just what the world needed another war 😐👏
  • The Middle East is burning 🌍🔥, and so is the truth 💥. In
  • China is holding off on interest rate cuts for now—even amid
  • We didn’t hold this long just to give up now. Altcoin Market
  • $XRP {spot}(XRPUSDT) 🚨XRP Coin Price Prediction🚨 On the
  • 🚨CRYPTO HISTORY RHYMES. Same breakout setup… for the third
  • another day, another #crypto bloodbath. they're calling it '
  • 🚨BREAKING: 2,000,000,000 USDT minted at Tether Treasury i