
Markets
Apr 13, 2026Maya Verma
Bitcoin Dips Below $71,000 as Trump Orders Strait of Hormuz Blockade, Escalating Geopolitical Tensions: CryptoDailyInk
Bitcoin's price reacted sharply to President Trump's directive for the U.S. Navy to blockade the Strait of Hormuz, pushing the cryptocurrency below $71,000 amid heightened geopolitical uncertainty.
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