Bitcoin Rebounds to $74,000 as Trump Announces End of Strait of Hormuz Blockade - Tekedia

Bitcoin rebounded to about $74,292 after Trump said the U.S. naval blockade in the Strait of Hormuz was ending.

The announcement eased fears of oil disruptions and lifted broader market sentiment, helping U.S. stocks rally as well.

The move underscores how Bitcoin is increasingly reacting to geopolitical and macroeconomic developments like a risk asset.