Bitcoin price falls, oil prices rise 5% due to disappointment over the Strait of Hormuz
2026-08-11 01:20:05
According to CoinMeta, based on market data, oil prices rose by 5% due to disappointment over Iran's hopes of re-opening the Strait of Hormuz, and Bitcoin prices subsequently fell, erasing the gains from the weekend. At the same time, analyses indicate that institutional capital inflows into Bitcoin have been "abnormally strong."
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Source:Internet
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