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Crypto Daybook Americas
Bitcoin's Uptrend Faces Inflation Warning from Pentagon
As bitcoin appeared to gain momentum towards breaking through $80,000, broader economic uncertainties resurfaced as a significant obstacle. A key development came from the Pentagon, which informed U.S. lawmakers that clearing mines in the Strait of Hormuz, a crucial oil passage, could take at least six months and will only commence after the resolution of the U.S.-Iran conflict. This briefing als…
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.
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 classified Pentagon briefing to US lawmakers revealed that clearing mines from the Strait of Hormuz, a crucial oil supply route, may take at least six months and will only commence after the US-Iran conflict is resolved. The briefing, as reported by the Washington Post, also …
April 23, 2026, 11:14 a.m.