Bitcoin
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Cointelegraph·August 10, 2026·1 min read
Bitcoin slipped with US stocks as Iran deflated hopes on reopening the Strait of Hormuz oil route, wiping out weekend gains. Oil surged 5% on the disappointment. Analysts praised "exceptionally strong" institutional BTC inflows, suggesting underlying demand remains robust despite the price wobble.
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