Bitcoin's Uptrend Faces Obstacles Amid Inflation Concerns Backed by Pentagon
As bitcoin appeared poised to break through the $80,000 threshold, broader economic uncertainties resurfaced, posing a challenge to its momentum. Notably, a Pentagon briefing to U.S. lawmakers highlighted the potential for prolonged elevated oil and gasoline prices due to the complexities of clearing mines in the Strait of Hormuz, a critical oil passage. This situation could keep inflation levelsā¦
April 23, 2026, 11:14 a.m.