Crypto Potato
2026-04-29 13:54:29

Bitcoin Drops, Oil Surges as Trump Prepares to Extend Strait of Hormuz Blockade

Bitcoin’s attempt to overcome $78,000 ahead of today’s FOMC meeting was halted in its tracks, perhaps due to the latest reports on the war against Iran, and the asset dipped by $1,500 in minutes. At the same time, oil prices surged once again, with USOIL jumping to $105 for the first time since April 13. This came shortly after reports emerged claiming that the US President Donald Trump had discussed with US oil companies the possibility of extending the naval blockade of the Strait of Hormuz. BREAKING: US oil prices extend gains to $105/barrel as President Trump prepares to extend the US “blockade” of the Strait of Hormuz for months. pic.twitter.com/RIuUti8xMt — The Kobeissi Letter (@KobeissiLetter) April 29, 2026 Previously, the WSJ reported that the POTUS has already instructed his aides to prepare for an “extended blockade” of the Strait. Meanwhile, Iranian state media warned of “unprecedented military action” if US seizures of Iranian-linked vessels continue. Separately, Walter Bloomberg noted that Israel’s Prime Minister, Benjamin Netanyahu, is planning a potential trip to Washington to discuss the war front. Unlike oil, BTC’s price dipped immediately after the reports about the potential blockade extension, dropping from nearly $78,000 to $76,400. Although it has bounced to almost $77,000 as of now, more volatility is expected later today when the US Federal Reserve will conclude its third FOMC meeting of the year. The post Bitcoin Drops, Oil Surges as Trump Prepares to Extend Strait of Hormuz Blockade appeared first on CryptoPotato .

最阅读新闻

相关新闻

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约