📌 Trump Lifted Iran Oil Sanctions and Threatened to Bomb Power Plants in the Same Week: Bitcoin’s Drop $68K is the Market Picking a Side – Uncertainty around the Strait of Hormuz and the global energy supply crisis amidst the Iran war has reached new heights this past week. In the span of just 48 hours, the Trump administration made two decisions that basically canceled each other out. On March 20, the Washington Post reported
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In 48 hours the Trump admin reportedly lifted Iran oil sanctions then threatened strikes on power plants—per Washington Post Mar 20—raising Strait of Hormuz risk and an energy squeeze. Markets sold off: #Bitcoin slid to ~$68K as traders pick sides. #Macro Insights# #Trump #Iran