Breaking News! Trump officially announces: Iran fully opens the Strait of Hormuz! Crude oil and crypto markets immediately erupt

Just received news that Trump just posted on social media confirming: Iran has announced the complete opening of the Strait of Hormuz, ready for full passage!

This means that the previously tense Strait of Hormuz blockade crisis, which has been affecting global markets, has officially reached a critical turning point. As a vital chokepoint accounting for about 20% of global oil transportation, the full opening of the strait directly pauses the ongoing surge in oil prices and injects a boost of confidence into the entire risk asset market.
$BTC ‌
Once the news broke, market reactions were swift:

- WTI crude oil retreated, with the previous rally approaching $105 per barrel being directly halted
- Cryptocurrencies like Bitcoin quickly rebounded, as the previously suppressed rebound window due to geopolitical risks was fully opened
$ETH ‌
This is the strongest signal of substantive progress in US-Iran negotiations and the market has been waiting for the “drop the other shoe” moment. Next, as the ceasefire agreement’s April 21st expiration date approaches, the details of subsequent agreements and the pace of reopening navigation will directly determine the rebound height of crude oil and crypto markets.
#霍尔木兹海峡 #美伊局势和谈与增兵博弈