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

CoinDesk · Aug 11, 2026

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Informational impactNot rated
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Risk contextUnknownOperational, security or regulatory context
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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.

AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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