Bitcoin Higher as Hormuz Blockade Starts — Market Talk
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Bitcoin trade slightly higher as the U.S. blockade of vessels moving on the Strait of Hormuz gets underway. The 0.4% uptick according to data from LSEG comes after bitcoin had a volatile weekend on headlines coming out of the Middle East. Bitcoin is trading around $71,160. If it drops under the $70,000 mark, it may slide further to a support level of $65,000, says Nic Puckrin of Coin Bureau. But more optimistically, bitcoin may be showing market resilience in the face of the new uncertainty, says Puckrin in a note, citing a report by Binance. "Weekend crypto trading now predicts Monday's Wall Street moves with an 89% accuracy," he says. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260413005064:0/
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