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Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's apparent momentum towards surpassing $80,000 has been hindered by renewed macroeconomic uncertainty. A classified Pentagon briefing to US lawmakers revealed that clearing mines in the Strait of Hormuz, a crucial oil chokepoint, may take at least six months and will only commence after the US-Iran conflict is resolved. The briefing also cautioned that gasoline and oil prices might remain…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's apparent momentum towards breaking the $80,000 barrier has been hindered by renewed macroeconomic uncertainty. A classified Pentagon briefing to US lawmakers revealed that clearing mines from the Strait of Hormuz, a crucial oil supply route, may take at least six months and will only commence after the US-Iran conflict is resolved. The briefing, as reported by the Washington Post, also …
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
As bitcoin appeared to gain momentum towards surpassing $80,000, macroeconomic concerns resurfaced as a significant obstacle. A classified briefing by the Pentagon to U.S. lawmakers revealed that clearing mines in the Strait of Hormuz, a crucial oil chokepoint, could take at least six months and will only commence after the U.S.-Iran conflict ends. The briefing also cautioned that gasoline and oi…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's apparent momentum towards breaking $80,000 has been hindered by macroeconomic uncertainty. The Pentagon warned US lawmakers that clearing mines in the Strait of Hormuz could take at least six months and that gasoline and oil prices may remain high until the US-Iran conflict ends. This could lead to persistent inflation, limiting the Federal Reserve's ability to cut interest rates, which…
April 23, 2026, 11:14 a.m.