Bitcoin Pushes to $80,000 as Trump’s Project Freedom Pressures Oil Prices
BeInCrypto
Bitcoin rallied to $80,000 while oil prices dipped following President Trump's announcement of a military operation in the Strait of Hormuz.Summary
President Donald Trump has announced "Project Freedom," a mission involving U.S. military assets to escort neutral vessels through the Strait of Hormuz amid rising tensions. While the announcement prompted a slight decline in crude oil prices, Bitcoin surged to $80,000. Despite U.S. efforts to frame the operation as a humanitarian gesture, Iranian officials have threatened to treat the intervention as a violation of existing ceasefire agreements.
(Source：BeInCrypto)