According to The Kobeissi Letter, ships scheduled to cross the Strait of Hormuz executed a 180-degree U-turn at around 9:15 AM ET, minutes after Iran's parliament approved closing the critical maritime passage (Source: The Kobeissi Letter, Twitter, June 22, 2025). This unprecedented disruption has immediate implications for global oil supply chains and is expected to increase volatility in commodity and energy markets. Historically, such supply shocks have triggered risk-off sentiment, leading to short-term downward pressure on both equity and crypto markets, including BTC and ETH, as traders move to safe havens. Crypto investors should closely monitor energy price fluctuations and geopolitical developments as these can drive increased volatility and liquidity shifts across digital asset markets.

According to Fox News, Trump is expected to make a decision regarding Iran within the next two weeks, citing a 'substantial chance' for negotiations (source: Fox News, June 19, 2025). Traders should closely monitor this timeline as Middle East geopolitical developments historically impact oil prices, which in turn affect inflation expectations and risk sentiment in the cryptocurrency market. Volatility in energy markets could influence major cryptocurrencies such as BTC and ETH as traders hedge against macroeconomic uncertainty.

According to Michaël van de Poppe (@CryptoMichNL), cryptocurrency markets have shown a strong upward bounce as the possibility of renewed negotiations drives optimism. Oil prices are falling, and gold is at risk of breaking down, while Bitcoin (BTC) and altcoins are rebounding. For traders, daily candles are improving, but confirmation of bullish momentum requires Bitcoin closing above $106,000. This level is critical for further upside, and traders should monitor volume and price action closely as market sentiment shifts. Source: Twitter (@CryptoMichNL, June 18, 2025).

According to Fox News, Senator Thune has urged Iran to return to the negotiating table regarding nuclear discussions, warning that continued resistance could escalate geopolitical tensions. Such developments have historically triggered volatility in global oil prices, which often correlates with increased price swings in major cryptocurrencies like BTC and ETH as traders seek alternative safe-haven assets. Crypto market participants should monitor geopolitical headlines closely, as heightened uncertainty may influence trading volumes and price movements across digital assets (Source: Fox News, June 18, 2025).

According to Fox News, Iran's Supreme Leader Khamenei launched a strong verbal attack on former US President Trump following his recent Middle East visit. The heightened geopolitical tensions have led to an increase in oil price volatility, which historically correlates with increased volatility in the cryptocurrency market, especially for Bitcoin and Ethereum, as traders seek alternative assets amid uncertainty (Source: Fox News, May 17, 2025). Crypto traders should monitor potential market swings and increased trading volumes linked to geopolitical risks.

According to The White House, the latest meeting between US and Saudi Arabian officials signals renewed cooperation, which is expected to influence global oil prices and subsequently impact oil-backed cryptocurrencies and overall crypto market volatility. Traders should monitor related oil token movements and macroeconomic trends linked to US-Saudi relations, as confirmed by The White House's May 13, 2025 announcement (source: The White House Twitter).