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Bitcoin Holds $78K As Strait Of Hormuz Strike Lifts Oil Above $90

NewsBTC·August 31, 2026·1 min read
Bitcoin Holds $78K As Strait Of Hormuz Strike Lifts Oil Above $90

Bitcoin held near $78,000 as geopolitical tensions in the Strait of Hormuz pushed Brent crude above $90. The cryptocurrency's stability amid rising oil prices suggests it is being viewed as a safe-haven asset, though traders remain cautious about macro risks.

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