Bitcoin

Crypto markets are currently in extreme fear (F&G 20), heavily influenced by macro uncertainty around tariffs and recession. If the Strait of Hormuz truly reopens and oil prices fall to pre-war levels, it would lower input costs globally, easing inflation fears and potentially delaying further rate hikes—a mildly bullish tailwind for BTC and altcoins. However, the market's adaptation suggests any price relief from oil alone will be modest, as crypto's main headwinds are trade policy and tech valuations.

Sara Vakhshouri, founder of SVB Energy International, stated that the oil market has adapted to the Strait of Hormuz disruption and prices could fall to pre-war levels if the waterway truly reopens.