The US-Iran ceasefire is unraveling as clashes intensify in the Strait of Hormuz. Iran turns to Bitcoin and stablecoins while the US targets $7.7B in crypto networks.

US strikes Iranian missile sites near Strait of Hormuz during fragile peace talks. Here's what the escalation means for Bitcoin and crypto markets.

Iran commits to clearing mines from the Strait of Hormuz within 30 days of a US peace deal. Bitcoin surged 3% and crypto markets added $75B on the news.