Biggest Oil Shock in 45 Years: What Happens to Bitcoin If Oil Price Hits $175?

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Story Highlights* Strait of Hormuz closure could trigger the largest oil price surge in over 45 years.

  • Bloomberg described Bitcoin as an oasis of calm amid global market volatility.
  • When US and Israeli strikes hit Iran, Nobitex saw outflows spike 700% within hours.
BTC-4,09%
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