Posteo

Bitcoin’s next move may depend on the Strait of Hormuz. 👀 If Oman and Iran can turn their proposed Hormuz corridor into a sustained recovery in shipping, oil could stay softer — taking pressure off Treasury yields and giving risk assets, including $BTC, another tailwind. But there’s a big catch: only 5 commodity-vessel transits were recorded versus a 10-day average of 15. If the corridor fails or attacks return, the oil premium could come roaring back. #DailyOrbit