CryptoCoinDeskabout 1 hour ago
Iran conflict sinks bitcoin, stocks, lifts oil
1 min read
Renewed U.S.-Iran hostilities pushed bitcoin to $62,600 and Brent crude up nearly 4%. The CoinDesk 20 index lost 0.6%, European equities fell 1%, and U.S. futures dropped 0.3%. The Strait of Hormuz has been de-facto closed for 136 days, reducing tanker traffic and raising inflation risks.
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