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539 Bitcoin slips below $71,000 as Trump orders blockade of Strait of Hormuz

CoinDesk
Stephen Alpher @ CoinDesk · 04/12/2026 09:46 EDT

Bitcoin slips below $71,000 as Trump orders blockade of Strait of Hormuz

"Effective immediately, the United States Navy ... will begin the process of blockading any and all ships trying to enter, or leave, the Strait of Hormuz," said the president in a social media post.

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