Bitcoin Holds $67,500 as Trump Signals Iran War End Despite Hormuz Closure

Bitcoin recovered from a dip below $65,200 to trade near $67,500.

“Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut Equity futures rallied and oil erased gains on the report, but the S&P 500 is on its longest losing streak since 2022 and MSCI Asia Pacific is heading for its worst month since 2008”

@coindesk

Trump signaled he may end the war even if the Strait of Hormuz remains closed.

@coindesk

The S&P 500 is on its longest losing streak since 2022.

Leavitt confirmed reopening Hormuz is not the primary goal.

The focus remains on destroying Iran's navy and missile stockpiles.

CoinCentral

Trump wants a ceasefire within four to six weeks.

Oil prices fell back to around $103 after the report.

“Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut Equity futures rallied and oil erased gains on the report, but the S&P 500 is on its longest losing streak since 2022 and MSCI Asia Pacific is heading for its worst month since 2008”

CoinDesk

Iran struck a Kuwaiti oil tanker during the session.

The total crypto market cap sits at $2.32 trillion.

The markets aren't sure what Trump's signal means.

Bitcoin's 24-hour range was $66,205 to $68,323.

Yellow

JPMorgan noted Bitcoin is weathering the Iran crisis better than gold and silver.