Bitcoin

This event fits into a pattern of escalating US-Iran tensions amid the broader US-Israeli war context, which historically has led to oil price spikes and risk-off moves. For crypto, which has shown mixed correlation with geopolitical shocks, the immediate effect is often a dip as traders de-risk, though Bitcoin's narrative as a non-sovereign store of value may attract capital if the crisis deepens.

President Donald Trump announced a US operation starting Monday to guide stranded ships from the Strait of Hormuz as a humanitarian gesture, which Iran denounced as a ceasefire violation.