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Event Brief

Bitcoin Slides to $71K as Hormuz Blockade Erases Ceasefire Bounce

Bitcoin dropped to $70,600 after Trump's Hormuz naval blockade announcement, reversing previous gains.
WHO: Trump
WHAT: announced a Hormuz naval blockade
WHEN: Apr 13, 2026 at 4:32 AM ET
WHERE: USA
WHY: The blockade announcement erased the recent ceasefire bounce in Bitcoin's value.
How this story developed (showing 2 of 2 earlier reports)
Sources (1): Rio Times

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