Macro· ★★★· neutral·

Oil falls as Iran signals possible Hormuz reopening, bitcoin holds near $86,000

  • Iran signals a possible reopening of the Strait of Hormuz
  • Oil prices fall on the signals
  • Bitcoin holds near $86,000
Why it matters: Easing tensions around Hormuz reduce the geopolitical risk premium, which could support risk assets including crypto.
Source: CoinDesk