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Hormuz Closed Fear Escalates—Crypto Starts Bleeding, What Next?
Hormuz Closed Fear Escalates—Crypto Starts Bleeding, What Next?
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Geopolitical tensions in the Middle East are sending shockwaves through global markets, with cryptocurrencies now caught in the crossfire. As the Strait of Hormuz becomes a flashpoint, digital assets are exhibiting volatility typically reserved for traditional risk assets during crises.
The market appears poised for significant movement, though the direction remains uncertain. Historical patterns suggest crypto often decouples from oil and equities during prolonged conflicts, but initial reactions tend to mirror broader risk-off sentiment.
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