Bitcoin faces critical weekend test as Iran closes Strait after immediately disputing the US narrative on Hormuz deal

UPDATE Saturday 9 am UTC: After markets closed Friday, Iran announced that the Strait of Hormuz would not remain open while the US blockade remained in place.  Bitcoin rallied hard after Iran said it was reopening the Strait of Hormuz to commercial shipping. Bitcoin hit the highest level since February, oil prices dropped, Wall Street The post Bitcoin faces critical weekend test as Iran closes Strait after immediately disputing the US narrative on Hormuz deal appeared first on CryptoSlate.