Macro· ★★★· bearish·

Bitcoin, Ethereum, XRP Slide While Dogecoin Gains as Trump Rejects Iran's Hormuz Proposal

  • —Trump rejected Iran's proposal on the Strait of Hormuz
  • —Bitcoin, Ethereum and XRP are trading lower
  • —Dogecoin is gaining amid broad market weakness
  • —An analyst expects further developments
Why it matters: Geopolitical tensions over the Strait of Hormuz could increase crypto market volatility and pressure risk assets.
Source: Google News (crypto query)