Cointelegraph Markets July 13, 2026

Bitcoin threatens $62K in risk-asset rout as President Trump says US will 'run' closed Hormuz Strait

Bitcoin threatens $62K in risk-asset rout as President Trump says US will 'run' closed Hormuz Strait

Bitcoin threatens $62K in risk-asset rout as President Trump says US will 'run' closed Hormuz Strait

Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran.

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