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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 threshold, uncertainty resurfaced due to a warning from the Pentagon about potential inflation. In a classified briefing, the Pentagon informed U.S. lawmakers that clearing mines in the Strait of Hormuz could take at least six months and would only begin after the U.S.-Iran conflict ends. This could lead to sustained high energy costs and st…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Advance Faces Inflation Warning from Pentagon
Bitcoin's momentum towards breaking the $80,000 barrier has been hindered by renewed macroeconomic uncertainty. A classified briefing by the Pentagon to U.S. lawmakers highlighted that clearing mines in the Strait of Hormuz could take at least six months, potentially keeping oil and gasoline prices elevated through the midterm elections. This warning, as reported by the Washington Post, suggests …
April 23, 2026, 11:14 a.m.