There's an underrated piece of news. While the US-Iran ceasefire talks are happening, the Strait of Hormuz has seen no commercial ship traffic for 3 days. This info is pretty dry, so let me break it down: The Strait of Hormuz handles 17 million barrels of oil daily, accounting for 20% of global maritime oil transport. If something goes wrong here, oil prices will skyrocket, and global risk assets will take a hit. BTC has already been stuck around $80K recently. If oil prices surge again because of this, the Fed's rate cut expectations might get pushed back further, which isn’t great news for crypto. It might not happen, but this is a variable worth keeping an eye on.