S&P 5007,482.58▼0.3% Nasdaq25,870.65▲0.2% Dow52,348.09▼1.1% Russell 2K2,948.91▼1.1% 10-Yr4.57%+4bp VIX16.86+0.73 WTI$74.03▲5.1% Gold$4,091.40▼1.3% EUR/USD1.143▼0.1% BTC$63,168▲1.5% Nikkei68,257▼2.1%
At close · Thu, Jul 9, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Bitcoin slides after Hormuz blockade threats raise oil…

Bitcoin slides after Hormuz blockade threats raise oil prices

Cointelegraph reports Bitcoin fell as Iran ceasefire hopes collapsed and threats of Hormuz blockades pushed oil toward $75.

Reported · Written up by our desk · Bitcoin

Cointelegraph reports Bitcoin declined as the collapse of an Iran ceasefire sparked renewed threats around the Strait of Hormuz, driving oil prices toward $75.

The outlet links the market move to heightened expectations of supply disruption risks in the region.

Latest closeBitcoin $63,168.34 ▲1.5%

← Newer storyMalaysia seizes over 75,000 crypto mining rigs in power theft crackdo…

More like this

CryptoBitcoin rises above $63,000 after Trump Iran deal comments
CryptoBitcoin holds above $60,000 as tensions lift oil prices
CryptoBitcoin bounces but remains below key cost and value levels
CryptoBitcoin slips back to $60K support as sell pressure returns
CryptoBitcoin slips toward $62,000 after rebounding from last week’s low

Sources

CointelegraphBitcoin slides as Iran ceasefire collapse sees $75 oil on Hormuz blockade threats

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.