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Bitcoin & XRP Fall as Yemen’s Houthis Strike Saudi Tankers in Red Sea amid US-Iran War

CoinGape·July 23, 2026·1 min read
Bitcoin & XRP Fall as Yemen’s Houthis Strike Saudi Tankers in Red Sea amid US-Iran War

Bitcoin and XRP fell as Yemen's Houthis struck Saudi oil tankers in the Red Sea amid the escalating US-Iran war. Oil prices climbed due to disruptions in the Red Sea and Strait of Hormuz, causing Bitcoin and XRP to pare gains.

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