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Bitcoin slips below $71,000 as Trump orders blockade of Strait of Hormuz

Bitcoin slips below $71,000 as Trump orders blockade of Strait of Hormuz

2026-04-12

“Effective immediately, the United States Navy … will begin the process of blockading any and all ships trying to enter, or leave, the Strait of Hormuz,” said the president in a social media post.

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