Bitcoin bounces to $72.5K as markets react to US Strait of Hormuz blockade

By Cointelegraph by William Suberg

Bitcoin bounces to $72.5K as markets react to US Strait of Hormuz blockade

Bitcoin rallied to $72,500 as markets reacted to US efforts to blockade the Strait of Hormuz. US stocks also responded to the development. Despite the rebound, BTC traders warn that a price correction remains a risk.

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