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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 recent classified briefing by the Pentagon to U.S. lawmakers highlighted the potential for prolonged high energy costs due to the Iran conflict, which could keep inflation elevated and limit the Federal Reserve's ability to cut interest rates. This has negative implications f…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's apparent momentum towards breaking through $80,000 has been hindered by renewed macroeconomic uncertainty. A classified briefing by the Pentagon to U.S. lawmakers revealed that clearing mines in the Strait of Hormuz, a crucial oil passage, could take at least six months and will only commence after the U.S.-Iran conflict ends. The briefing also cautioned that gasoline and oil prices may…
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, uncertainty resurfaced due to a warning from the Pentagon regarding potential inflation. The Pentagon briefed US lawmakers, stating that clearing mines from the Strait of Hormuz, a vital oil passage, could take at least six months and will only commence after the US-Iran conflict is resolved. This briefing also cautioned that gaso…
April 23, 2026, 11:14 a.m.