Bitcoin Gains After Iran Foreign Minister Declares Strait of Hormuz Open — WSJ
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By Vicky Ge Huang
Bitcoin rose after Iran said the Strait of Hormuz is "completely open" to commercial vessels following a cease-fire in Lebanon.
The price of the largest cryptocurrency advanced to around $76,571 Friday morning, its highest levels since early February.
"Bitcoin has really climbed a wall of worry, from quantum scares to Iran sanction ties to miners divesting," said Joshua Lim, global co-head of markets at FalconX. "We're seeing a lot of money come back into crypto especially as it breaks out of its last few months' range and tries to catch up to equities."
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
source: https://www.tradingview.com/news/DJN_DN20260417004137:0/
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