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HORMUZ HEATWAVE DRIVES INTO $BTC PAYMENTS
The US has just significantly increased its military presence with attack aircraft and the aircraft carrier USS George H.W. Bush, aiming to defeat the failed negotiations. President Trump firmly stated that he would not allow Iran to charge tolls for ships passing through the strait.
The Bitcoin-based oil toll scheme, which you're interested in, is on the verge of collapse. Military pressure from the US will block the demand for BTC to free up shipping space. Iran might have to release its Bitcoin reserves if its economic protections become too stringent.
However, don't forget that geopolitical instability is always a trap for hidden assets. Bitcoin will certainly experience extreme volatility to wipe out accounts on both sides before finding a new direction. During this period, derivative traders should exercise maximum caution, while long-term investors should calmly observe President Trump's actions.
What do you think? Will Iran back down or choose direct confrontation in the strait this time?
#HormuzShutdownAgain #DailyOrbit

