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Bitcoin Cointelegraph

Closing Strait of Hormuz is biggest risk to BTC price this weekend — Analyst

Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Closing Strait of Hormuz is biggest risk to BTC price this weekend — Analyst

Risk assets would take a significant hit if Iran closes the Strait of Hormuz, a narrow waterway supplying 20% of the global oil trade.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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