US Deploys 20 Warships to Enforce Iran Blockade, Strait of Hormuz Tensions Rise

Bitcoin

Geopolitical shocks have historically lifted crypto’s correlation with gold and the US dollar, while simultaneously suppressing altcoins due to a flight‑to‑BTC. With BTC dominance already above 60%, any risk‑off move will likely concentrate liquidity in Bitcoin and drain alt‑coin markets. The current fear index (26) and slightly bearish sentiment suggest the market is primed for a short‑term correction.

US and Iran's rival blockades of the Strait of Hormuz continue, described as a test of wills