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**Cryptocurrencies Today: Bitcoin, Ethereum, and XRP Struggle to Define Direction as Volatility Intensifies Due to US-Iran Conflict:**
- US-Iran War Escalates with Rising Oil Prices:
US President Donald Trump affirms that the war in Iran will end "soon," despite continued strikes on the Islamic Republic. Iran continues its intensified efforts to retaliate against the United States and Israel, focusing on disrupting global oil supplies.
Despite Trump's warning that Iran must refrain from attacking passing vessels, suspected Iranian drones have struck at least three ships in and around the Strait of Hormuz, according to CBS News.
Attacks on cargo ships and energy facilities appear to be causing concern in global markets, as West Texas Intermediate crude prices have risen for three consecutive days and exceeded $90 on Thursday, up from their lowest point on Tuesday at $76.
West Texas Intermediate Crude Oil Price Chart
It is worth noting that despite the US-Iran war entering its thirteenth day, cryptocurrency prices have not collapsed, suggesting that investors may be considering high-risk assets such as Bitcoin as potential hedges against geopolitical tensions.