Bitcoin, ether, and Solana experienced a 1.6%, 5.7%, and 1.2% pullback respectively, following Iran's reassertion of control over the Strait of Hormuz. This decline correlates with a 5.7% surge in Brent crude oil prices, indicating a broader market reaction to heightened geopolitical tensions. The immediate impact suggests increased risk aversion across crypto and traditional markets. This event highlights the interconnectedness of global markets and the sensitivity of crypto assets to geopolitical events.