BTC Pushes Higher as Oil Prices Slide

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The S&P 500 and gold are also surging.

After a day of more fluctuations prompted by the quickly developing situation in the Middle East, bitcoin’s price aimed at $70,000 minutes ago as Trump addressed the war and the Strait of Hormuz.

His words sent shockwaves through other financial fields as well, especially with oil, as the CFDs on WTI Crude Oil plunged to under $90 per barrel after skyrocketing to $120 earlier today.

The POTUS’s indication that the war is pretty much completed comes in a rather intriguing time, as Iran just chose a new Supreme Leader – Mojtaba Khamenei, who is the son of the former. Trump repeatedly outlined that he is not happy with the choice, calling it a big mistake.


At the same time, reports continue to emerge that several countries in the region, including the UAE and Turkey, keep intercepting more drones and missiles from Iran.

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