Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

by shayaan August 11, 2026

August 11, 2026

The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.

www.coindesk.com

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