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Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
As bitcoin appeared poised to break through the $80,000 barrier, concerns over the broader economy resurfaced. The Pentagon warned lawmakers that clearing mines from the Strait of Hormuz could take at least six months, potentially keeping oil and gasoline prices high until the US-Iran conflict is resolved. This could lead to persistent inflation, limiting the Federal Reserve's ability to lower in…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's momentum towards breaking the $80,000 barrier has been hindered by growing macroeconomic uncertainty. A recent classified briefing by the Pentagon to U.S. lawmakers highlighted the potential for prolonged inflation, warning that clearing mines in the Strait of Hormuz could take at least six months, with the process contingent on the resolution of the U.S.-Iran conflict. This warning, as…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
As bitcoin appeared poised to break through the $80,000 threshold, macroeconomic uncertainty resurfaced as a challenge. The Pentagon warned U.S. lawmakers in a classified briefing that clearing mines in the Strait of Hormuz could take at least six months, with the process only beginning after the U.S.-Iran conflict ends. This warning, combined with the potential for sustained high energy costs, m…
April 23, 2026, 11:14 a.m.