EconPulse Markets. Economy. Malaysia & The World. Tue, 11 Aug 2026
Crypto

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
Image: CoinDesk

Summary

The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →