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Bitcoin rises, oil falls after Iran says Strait of Hormuz is open

Bitcoin rises, oil falls after Iran says Strait of Hormuz is open

2026-04-17

Bitcoin rises, oil falls after Iran says Strait of Hormuz is open

Bitcoin surged above $76,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran.

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