{"id":26168,"date":"2026-04-17T14:52:47","date_gmt":"2026-04-17T14:52:47","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-steadies-as-iran-reopens-hormuz-but-trump-keeps-crypto-fuelled-oil-squeeze\/"},"modified":"2026-04-17T14:53:08","modified_gmt":"2026-04-17T14:53:08","slug":"bitcoin-steadies-as-iran-reopens-hormuz-but-trump-keeps-crypto-fuelled-oil-squeeze","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-steadies-as-iran-reopens-hormuz-but-trump-keeps-crypto-fuelled-oil-squeeze\/","title":{"rendered":"Bitcoin steadies as Iran reopens Hormuz but Trump keeps crypto\u2011fuelled oil squeeze"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Iran\u2019s move to fully reopen the Strait of Hormuz while Donald Trump keeps Iran\u2019s ships under blockade has left oil and Bitcoin trading the ceasefire headline by headline.<\/p>\n<div id=\"cn-block-summary-block_c5bd6a25ff7875ff9f79b579fcd37285\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Iran says the Strait of Hormuz is fully open to commercial traffic again.<\/li>\n<li>Trump vows the US naval blockade on Iranian ships and ports \u201cwill remain in full force.\u201d<\/li>\n<li>Bitcoin holds near war\u2011zone ranges as oil traders weigh partial relief for supply.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Iran\u2019s announcement that it has fully <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.lemonde.fr\/en\/middle-east-crisis\/article\/2026\/04\/17\/iran-announces-reopening-of-strait-of-hormuz_6752542_368.html\" target=\"_blank\" rel=\"nofollow\">reopened<\/a> the Strait of Hormuz has eased the worst energy shock fears, but President Donald Trump\u2019s decision to maintain a US naval blockade on Iranian ships and ports has kept oil and crypto markets on edge. Around 20% of the world\u2019s oil normally moves through the strait, making it one of the most important chokepoints for global energy and a key macro driver for Bitcoin\u2019s (BTC) role as a geopolitical hedge.<\/p>\n<p>Iranian Foreign Minister Abbas Araghchi said on X that the waterway is now \u201cfully open\u201d to commercial vessels, signaling Tehran\u2019s willingness to restore flows even as a fragile 10\u2011day truce between Israel and Iran\u2011backed Hezbollah in Lebanon holds. Trump initially echoed that tone, posting that Iran had declared the strait \u201cfully open and ready for full passage\u201d before reversing minutes later and insisting the blockade will continue \u201cUNTIL SUCH TIME AS OUR TRANSACTION WITH IRAN IS 100% COMPLETE.\u201d<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.gate.com\/crypto-wiki\/article\/how-to-use-leveraged-etf-for-crypto-trading-gate-leveraged-tokens-strategy-guide-20251216\"><\/a><\/p>\n<h1 class=\"wp-block-heading\" id=\"hormuz-reopening-meets-unresolved-us-blockade\">Hormuz reopening meets unresolved U.S. blockade<\/h1>\n<p>Trump first ordered the blockade earlier this week after Iran partially restricted traffic through the strait, a move Washington framed as a breach of the Pakistan\u2011brokered ceasefire between the US, Israel and Iran. At the time, Trump said the navy would enforce an \u201call or none\u201d policy, effectively turning Hormuz into leverage over nuclear talks, tanker insurance and any attempt by Tehran to monetize exports via schemes such as the mooted $1\u2011per\u2011barrel crypto\u2011denominated toll reported in an earlier crypto.news story.<\/p>\n<p>Le Monde reports that direct talks between the US and Iran last weekend were inconclusive, with \u201csticking points\u201d around Iran\u2019s nuclear program and sanctions relief, leaving the fate of the two\u2011week ceasefire and full energy normalization unclear. The head of the International Energy Agency previously warned that energy shocks could intensify if the strait stayed shut, and Brent futures had already jumped toward $100 per barrel while tanker traffic was constrained.<\/p>\n<p>Crypto traders have been tracking every Hormuz headline as a proxy for macro risk, with Bitcoin oscillating between roughly $68,000 and the mid\u2011$70,000s in recent sessions as peace rumors, toll plans and blockade threats ricocheted across markets. Earlier this month, Iran\u2019s plan to turn Hormuz into a $1\u2011per\u2011barrel Bitcoin and stablecoin tollbooth briefly jolted BTC higher as investors speculated about new structural demand for on\u2011chain settlement of oil flows.<\/p>\n<p>In recent days, hopes of a broader US\u2011Iran deal have fueled bets that Bitcoin could retest $80,000 if ETF inflows resume and oil drops back toward pre\u2011war levels, as outlined in a separate crypto.news analysis of ceasefire scenarios. For now, the reopening of Hormuz without full US de\u2011escalation keeps both crude and crypto in a holding pattern, with BTC trading as a barometer of whether this truce turns into a lasting settlement or the next leg of the crisis.<\/p>\n<p>Related crypto.news coverage includes Iran\u2019s $1\u2011per\u2011barrel Bitcoin toll at Hormuz, the broader crypto market outlook as the US threatened to block Iranian access to the strait, and a detailed breakdown of how a full nuclear deal could reset Bitcoin\u2019s path back toward $80,000.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Iran\u2019s move to fully reopen the Strait of Hormuz while Donald Trump keeps Iran\u2019s ships under blockade has left oil and Bitcoin trading the ceasefire headline by headline. Summary Iran&hellip;<\/p>\n","protected":false},"author":1,"featured_media":18611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=26168"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26168\/revisions"}],"predecessor-version":[{"id":26169,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26168\/revisions\/26169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/18611"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=26168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=26168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=26168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}