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Bitcoin Rises on Unconfirmed Iran Ceasefire Hopes

in5points
Bitcoin prices are rising on market speculation about a potential Iran ceasefire.
Shipping and commodity experts doubt a quick reopening of the Strait of Hormuz.
Analysts warn that a full normalization of trade routes could take months.
The reported price surge has been unsupported by official ceasefire confirmation.
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Rajeev Chandrasekhar / Jupiter Capital interests historically