Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities

Bitcoin held above $62,000 as US-Iran tensions disrupted Strait of Hormuz shipping, pushing oil prices toward $80 and reviving inflation concerns. Higher crude threatens rate expectations, pressuring risk assets like Bitcoin. Traders monitor whether tanker traffic recovers or sustained supply disruptions keep energy markets tight, directly impacting Federal Reserve policy trajectory and crypto market direction.
Coins in this story
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories

Latin America’s biggest stock exchange now offers options on bitcoin, ether and solana futures
These options settle into underlying futures contracts rather than spot cryptoassets, involving no custody, transfer, or administration of tokens....

Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A trader held a $1.14 million EUR/USD perpetual futures position for 400 days on Ostium DEX, applying bitcoin's HODL strategy to forex. The bet incurred 2.3% annual costs via rollover fees rather than crypto funding rates. Onchain FX platforms remain tiny compared to the $9 trillion daily global forex market, yet demonstrate growing trader comfort with blockchain-based traditional asset trading.
