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81 Crypto markets stall as oil surges past $100 on Strait of Hormuz blockade

CoinDesk
Oliver Knight @ CoinDesk · today 06:36 EDT

Crypto markets stall as oil surges past $100 on Strait of Hormuz blockade

Bitcoin and ether retreated Monday as tensions in the Middle East triggered a spike in crude oil, forcing traders into defensive derivatives positioning.

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