Citadel Securities argues markets underestimate a quick Strait of Hormuz reopening. Iran's plan to accept Bitcoin for transit tolls adds a crypto dimension.

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.

Strait of Hormuz reopening is crucial for crude oil prices as bettors predict 40% chance of traffic returning to normal by June 2026.