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Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

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Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/08/11/bitcoin-stuck-below-usd65-000-as-the-strait-of-hormuz-stalemate-and-strategy-s-selling-squeeze-the-market