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Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's potential breakout above $80,000 has been hindered by renewed macroeconomic uncertainty. A recent Pentagon briefing to U.S. lawmakers warned that clearing mines in the Strait of Hormuz could take at least six months, and the process will only begin after the U.S.-Iran conflict ends. This could lead to persistently high energy costs, keeping inflation elevated and limiting the Federal Re…
April 23, 2026, 11:14 a.m.
Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
Bitcoin's momentum towards breaking the $80,000 barrier has been hindered by growing macroeconomic uncertainty. A recent classified briefing by the Pentagon to U.S. lawmakers highlighted the potential for prolonged inflation, warning that clearing mines in the Strait of Hormuz could take at least six months, with the process contingent on the resolution of the U.S.-Iran conflict. This warning, as…
April 23, 2026, 11:14 a.m.