Trump's Hormuz Blockade Shakes BTC Markets
On April 12, 2026, President Donald Trump announced a full U.S. Navy blockade of the Strait of Hormuz after peace talks with Iran collapsed in Islamabad. Oil futures surged 7% within hours — and Bitcoin, caught in the crossfire of a macro shock, tumbled further from its weekend highs. Here's a complete breakdown of what happened, why it matters, and what it means for crypto markets going forward....