3 days ago
6
Key Takeaways:
- Hormuz fully open for all commercial vessels.
- BTC jumped from $74,700 to $76,267.
- Crypto repriced geopolitics before traditional markets.
- US-Iran Islamabad talks expected Sunday.
The moment Iran’s Foreign Minister Abbas Araghchi announced full commercial passage through the Strait of Hormuz for the remaining ceasefire period, Bitcoin was already moving.
Araghchi was explicit: passage declared completely open, on the coordinated route already announced, for the full remaining ceasefire period. Markets read that kind of operational clarity differently than vague diplomatic signals, and the price action reflects it.
In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran.
— Seyed Abbas Araghchi (@araghchi) Read Entire Article
English (US)