QCP: Bitcoin remains resilient amid the Hormuz crisis, while AI and tech industries come under pressure

2026-03-04 09:14:28

Deep Tide TechFlow News, on March 4th, QCP published an analysis stating that the ongoing closure of the Strait of Hormuz has led to rising energy prices, with Brent crude oil reaching $83 per barrel and Dutch natural gas prices increasing by 50% to $55, significantly impacting the global supply chain. This conflict has exposed vulnerabilities in the AI and technology sectors, with South Korea, a major semiconductor producer, seeing its KOSPI index drop 20% from its peak, with key stocks Samsung and SK Hynix severely affected by energy supply disruptions.

Notably, during market turbulence, Bitcoin has shown strong resilience, potentially serving as an early indicator of a shift in risk appetite. Analysts expect continued market volatility over the next week, but due to the world’s reliance on chips, semiconductors, and AI-driven growth, all parties are expected to jointly pressure Iran to reopen the Strait of Hormuz. China has already urged Iran to keep the strait open.

BTC6,18%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.