Bitcoin Reaches $80,000 as Trump’s Project Freedom Weighs on Oil

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Bitcoin rose to $80,000 after President Donald Trump announced Project Freedom, a U.S. mission to escort neutral foreign vessels out of the Strait of Hormuz. Oil benchmarks moved lower, with Brent at $108 a barrel and WTI at $101 at press time. CENTCOM said it will deploy military assets to support the mission.

BTC0.78%
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