Iran Offers to Reopen Strait of Hormuz in 7 Days, Bitcoin Jumps to $87,329
- —Iran offered to reopen the Strait of Hormuz within 7 days if the US eases its blockade
- —Brent crude fell to $99 and WTI to $91 per barrel
- —Bitcoin rose 6% in 24 hours to $87,329, trading volume up 90%
- —Spot BTC ETFs saw $998.95 million in net inflows, led by BlackRock with $381.4 million
Why it matters: Easing geopolitical tensions pushed oil lower and supported risk assets including Bitcoin, alongside record ETF inflows.
Source: CoinGape