[Garrett Jin: U.S. Blockade of the Strait of Hormuz Will Impact Market Risk Pricing of Crypto Assets Including Bitcoin] Foresight News reports that Garrett Jin, representative of '1011 Insider Whale,' stated that the U.S. government announced a full blockade of the Strait of Hormuz by the U.S. Navy starting at 10:00 AM Eastern Time on April 13, prohibiting all vessels from entering or exiting Iranian ports. This measure aims to cut off Iran's oil revenue obtained through this energy hub and reverse its economic advantage in the current conflict. Over the past six weeks, Iran has imposed high fees on ships passing through the Strait of Hormuz and restricted energy exports from certain countries, leading to significant volatility in cryptocurrency and global oil prices. The U.S. action will impact market risk pricing for major crypto assets, including Bitcoin ($BTC) and Ethereum ($ETH).