matched <\/a>to an F-15. The White House press secretary confirmed that \u201cPresident Trump has been briefed,\u201d with live coverage updated at 1:12 p.m. EDT.<\/p>\nCrypto markets absorb the shock<\/h1>\n
Bitcoin was trading near $67,000 at the time of writing, down modestly on the day. The downed aircraft adds a new variable to an already fragile macro backdrop. As crypto.news has tracked, Bitcoin has repeatedly tested the $65,000\u2013$67,000 range as a support zone during periods of heightened U.S.\u2013Iran tension, with sharper downside reserved for moments of genuine escalation \u2014 the initial U.S. strikes sent BTC briefly to $63,000 before markets stabilized. <\/p>\n
The incident lands on Good Friday, with traditional U.S. equity markets closed for the Easter holiday. Oil, already trading above $100 per barrel amid the ongoing Strait of Hormuz closure, could spike sharply when Asian markets open overnight. A sustained move higher in oil would intensify inflation concerns and further reduce the Federal Reserve\u2019s room to cut rates \u2014 a combination that has been the dominant headwind for crypto since the conflict began.<\/p>\n
<\/p>\n
Trump\u2019s Hormuz signal<\/h2>\n
In a separate post on X, Trump suggested the Strait of Hormuz could be reopened \u201cwith a little more time\u201d \u2014 a statement investors read as leaving space for a negotiated resolution even as military operations continue. As crypto.news reported on April 2, Trump had addressed the nation from the White House describing U.S. forces as nearing the \u201cfinal stages\u201d of the campaign while warning of continued strikes over the following weeks. The contradiction between active military pressure and diplomatic signaling has kept markets in an uncertain holding pattern. For Bitcoin, any credible de-escalation \u2014 particularly one that restores Hormuz shipping and brings oil back below $100 \u2014 represents the single most significant potential catalyst for a sustained recovery from the current range.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
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