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Bitcoin Price Tops $77,000 Amid Strait of Hormuz Reopening Announcement

Bitcoin Price Tops $77,000 Amid Strait of Hormuz Reopening Announcement

The price of Bitcoin surpassed $77,000 early Thursday following announcements from Iran and former U.S. President Donald Trump regarding the reopening of the Strait of Hormuz. The cryptocurrency’s rally was attributed to a reduction in geopolitical risk after Iran declared the critical waterway fully open under a new ceasefire framework. The surge pushed Bitcoin back […]

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