Trump says Iran peace deal will reopen the Strait of Hormuz, a chokepoint for 20% of global oil trade. Here's what it means for crypto and Bitcoin.

Trump says the Strait of Hormuz will reopen quickly upon signing a deal with Iran, potentially easing oil prices and boosting crypto market sentiment.

Iran says the Strait of Hormuz remains closed despite Trump's claims. Oil tops $126, Bitcoin swings near $67,500, and Iran accepts crypto for transit tolls.