Bitcoin nears $100K target as Strait of Hormuz tensions ease, capital shifts
Bitcoin’s probability of reaching $100,000 by December 31 has climbed to 36.5%, up from 31% yesterday, as traders react to de-escalation in the Strait of Hormuz and a short squeeze pushes capital out of oil and into crypto. The Bitcoin $100,000 market moved sharply as risk-on sentiment returned following the Strait of Hormuz news. Traders…
