GeneralBearishCoinDesk · 5h ago🔥 8/10
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Bitcoin slips below $71,000 as Trump orders blockade of Strait of Hormuz
President Trump announced a U.S. Navy blockade of the Strait of Hormuz, a critical chokepoint controlling roughly 20% of global oil supply. Bitcoin fell below $71,000 following the announcement, reflecting investor concern over potential geopolitical escalation and its inflationary consequences.
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