Live updates: Bitcoin flat near $63,500; lapsing US-Iran ceasefire revives the oil threat
Shipping through the Strait of Hormuz has ground to a near halt as the 60-day truce lapses with no deal, reviving the oil-price risk that has capped crypto all summer. ETF flows, meanwhile, are quietly turning.
Source: CoinDesk
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DW NOTE
The Strait has been effectively closed since June 20 — not a future risk, an ongoing fact. Oil is down 27% from its 2026 high even with a fifth of global supply blocked, because markets priced in demand destruction and the SPR dump. The ceasefire lapsing changes nothing; shipping has already ground to a halt.