Post by Augustine Chiagozie (@pabloexchange)

💵 US strikes Iran, Treasury freezes $130M in crypto assets

US warplanes struck Iran's Qeshm Island near the Strait of Hormuz, sending shockwaves through oil markets and triggering a brief crypto dip. Bitcoin slid to $99,500 before recovering as the attack unfolded.

Alongside the military action, the US Treasury moved to freeze $130M in Iranian crypto assets — a signal that on-chain holdings are firmly within Washington's geopolitical toolkit. Crypto's "safe haven" narrative took a hit, even if the BTC dip was short-lived.

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