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Salman-mirza
🚨 Hormuz Tensions Escalate Again — BTC Faces Pressure
The Hormuz situation is back in focus. Trump has not ruled out taking action before the midterm elections, while Iran’s proposed plan for reopening the strait was reportedly rejected. The issue is already becoming a major market narrative.
Oil prices are climbing, while broader risk appetite is being pressured.
$BTC is currently around $83,740, after dipping to roughly $82,600 during the day. The rebound so far looks weak.#DailyOrbit
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