US Central Command calls Iran's Strait of Hormuz closure claims false. Oil price spikes of 6-7% are dragging Bitcoin toward $71K-$76K as the crisis deepens.

Iran's deputy speaker says the Strait of Hormuz is closed and threatens to shut Bab al-Mandab, rattling oil and crypto markets as Bitcoin reacts to

US Central Command intercepted two Iranian attack drones over the Strait of Hormuz on June 7, escalating tensions that have already triggered crypto market