Tag Archives: bitcoin

Bitcoin’s Geopolitical Surge: Hormuz Blockade, Iran’s Bitcoin Toll, and a Market in Flux Push Price Towards $75,000

April 16, 2026 0

Jakarta, Indonesia – In an unprecedented confluence of geopolitical tension and digital finance innovation, Bitcoin’s price surged by a remarkable 6% on Monday, April 13, pushing it tantalizingly close to the US$75,000 mark. This significant rally was primarily triggered by a massive short squeeze, ignited by the United States’ blockade of the Strait of Hormuz, which provoked an immediate and …

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