Phyrex
Phyrex|Mar 14, 2026 20:48
The weekend is still overshadowed by the war, but according to Iran, the Strait of Hormuz is only being blocked for enemies and their allies. Meanwhile, Trump has stated that multiple countries will join the United States in dispatching warships to ensure the Strait of Hormuz remains open. However, judging by the current situation in the Strait of Hormuz, there are still a lot of ships stuck in congestion. If things don’t clear up over the weekend, oil prices are likely to stir things up again on Monday. Recently, aside from oil prices and the war, there really hasn’t been anything more important. Even some macroeconomic data seems much less significant in the face of the current war situation. And after the war, Trump still has a lot of trouble waiting for him, like his trip to China at the end of the month. But right now, the relationship between the U.S. and China is a bit delicate. Plus, there’s the issue of tariffs and compensation that Trump has to deal with. Looking back at Bitcoin’s data, trading volume and turnover rate have dropped significantly over the weekend, mainly due to the usual weekend liquidity issues. Seeing BTC prices only slightly fluctuating today is already pretty good. The real fear is Trump pulling some stunts over the weekend—every time that happens, it’s always crypto that takes the hit. If we can get through this weekend peacefully, that’s already a win.
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