Trump’s New Coalition Plan Sends Bitcoin Surging — One Catalyst Away From a Breakout
Bitcoin (BTC) surged 2% to a session high of $74,309 at the Monday Asia open after reports emerged that President Trump is assembling a multinational coalition to reopen the Strait of Hormuz and weighing a ground seizure of Iran’s Kharg Island. Axios reported that the Kharg Island operation remains contingent on whether tankers stay bottled up in the Persian Gulf. The island handles over 90% of Iran’s crude exports. No country has publicly committed to the Hormuz Coalition yet, though Trump expects announcements this week
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