The Strait of Hormuz is a narrow sea passage between the Persian Gulf and the Gulf of Oman. It provides the only water access from the Persian Gulf to the open ocean and has historically been one of the most strategically important shipping bottlenecks.
Since news of the strikes, the price of Bitcoin has shown resilience, currently trading above $102,600 and remaining steady even as traditional markets brace for potential shocks. This stability reinforces the growing perception among investors that Bitcoin is no longer just a speculative asset but is increasingly being recognized as a safe-haven option in times of geopolitical turmoil.
Bitcoin’s fixed supply, decentralized nature, and rising adoption have contributed to its new role as a hedge against inflation and global instability. As oil prices and traditional assets face turbulence, Bitcoin’s calm performance suggests that it is increasingly being viewed as a complementary risk-off alongside gold. This is a trend that will likely strengthen as the global economy becomes increasingly digital and interconnected.
