Bitcoin Holds $64K as Hormuz Reopening Boosts Stocks

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Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap.

Bitcoin saw new August highs into Tuesday’s Wall Street open as markets bet on US-Iran tensions again easing.

Bitcoin (BTC) edges higher as optimism over the Strait of Hormuz reopening pushes stocks to new all-time highs.

Oil prices drop to their lowest levels since July 13 with oil traffic potentially returning on Wednesday.

BTC acts between two daily moving averages as analysis sees “strong accumulation.”

S&P 500 tops $70 trillion market cap to new high

#PIEVERSE/USDT has covered all the targets to give a profit of 271%

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