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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, macroeconomic uncertainty has resurfaced as a significant obstacle. A classified briefing by the Pentagon to US lawmakers revealed that clearing mines in the Strait of Hormuz, a critical oil chokepoint, could take at least six months and will only commence after the US-Iran conflict is resolved. The briefing also cautioned that gaso…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
As bitcoin appeared poised to break out above $80,000, uncertainty resurfaced due to a warning from the Pentagon regarding potential inflation. The Pentagon cautioned lawmakers that clearing mines in the Strait of Hormuz could take at least six months and may only begin after the U.S.-Iran conflict ends, potentially keeping energy costs high. This could lead to sticky inflation, limiting the Fede…
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 barrier, macroeconomic uncertainty has re-emerged 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 is resolved. The briefing also cautioned that g…
April 23, 2026, 11:14 a.m.