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Morning Edition · Sunday, June 21, 2026
Bitcoin Holds Near $64,000 as Iran Again Threatens to Close the Strait of Hormuz
A renewed threat to close the Strait of Hormuz complicates US-Iran ceasefire talks in Switzerland and keeps a geopolitical risk premium attached to oil and other risk assets.
Bitcoin recovered toward $64,000 over the weekend after a Friday selloff, even as the geopolitics that drove the drop remained unresolved. Permanent ceasefire talks between the United States and Iran opened in Switzerland, but Iran's order…
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