The Hormuz Standoff: Why Bitcoin’s Liquidity Drain Is Defying The Global Energy Shock | Bitcoinist.com

Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading ab...

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The Hormuz Standoff: Why Bitcoin’s Liquidity Drain Is Defying The Global Energy Shock | Bitcoinist.com

Source: Bitcoinist.com

Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading above $74,000 but experienced a sharp repricing as investors reacted to escalating developments around the Strait of Hormuz, a critical chokepoint for global energy supply. As […]