Hormuz oil contagion spreads to 8 major economies and Bitcoin has just one route through
CryptoSlate
Bitcoin faces a pivotal moment as global energy policy responses to the Strait of Hormuz crisis influence its potential for growth or decline.Summary
The Strait of Hormuz oil supply crisis has triggered global government interventions, including reserve releases and fuel rationing across eight major economies. For Bitcoin, this macro-economic instability creates a fork in the road: it must either prove its worth as a scarce asset amid policy-driven liquidity or suffer under a stagflation-induced sell-off. Currently trading near $80,000, Bitcoin's ability to hold this support level is critical, as market perception of energy policy shifts will determine whether the asset acts as a hedge against currency debasement or as high-beta risk collateral.
(Source：CryptoSlate)