CryptoQuant’s latest report reveals that while a prolonged disturbance in the Strait of Hormuz may not directly affect Bitcoin‘s core fundamentals, it could cause considerable upheaval in global financial markets. This disturbance could subsequently create notable fluctuations in the cryptocurrency’s value, especially due to the structure of current leveraged crypto derivatives markets.
Continue Reading:Bitcoin Faces Unforeseen Volatility in Wake of Maritime Disruption
Source: https://en.bitcoinhaber.net/bitcoin-faces-unforeseen-volatility-in-wake-of-maritime-disruption
