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Hormuz Oil Recovery Bets Sparks New All-Time Highs For S&P 500

What happened

Bitcoin built on $64,000 as hopes of the Strait of Hormuz reopening to oil traffic sent the S&P 500 index to a record $70 trillion market cap. Bitcoin saw new August highs into Tuesday’s Wall Street open as markets bet on US-Iran tensions again easing. Data from TradingView.

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