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Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows. Source: Read the original article on cointelegraph.com

By deepak · August 10, 2026 · 1 min read

Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.

Source: Read the original article on cointelegraph.com