Bitcoin dey eye $76,000 as calm for Strait of Hormuz reduce risk

Bitcoin (BTC) don reach pass $70,000 again after dem pause small for U.S. strikes wey dey target Iran energy infrastructure calm down tension for Middle East. Wintermute talk say BTC bounce back from low $68,000s dey trade above $70,000 and even near $71,000 small time as oil price cool, wey reduce worry about inflation. Federal Reserve hold rates for 3.50%–3.75%, but dem guidance still tight, people dey expect say no many cuts go happen till 2026 — this one fit limit upside for risky assets. Still, the earlier shock push Brent pass $112 (multi-year highs) and weigh down markets, make BTC drop about 3.4% for the week. ETF and cross-asset signals mixed. Ethereum (ETH) perform better during the wahala and attract stronger institutional inflows because of staking yield. On the other hand, BTC ETFs see short-term outflows during the selloff, even though total flows dem call stable. Gold fall more than 10% for the week, helped by stronger U.S. dollar and forced liquidations. Looking forward, Wintermute flagging the Strait of Hormuz as the next big catalyst. If shipping routes normal and oil steady, BTC fit retest the $74,000–$76,000 resistance zone. If wahala return, BTC fit slide back to mid-$60,000s.