Bitcoin slides as Iran ceasefire collapse sees $75 oil on Hormuz blockade threats Post author:MiamiCrypto Post published:July 8, 2026 Post category:Markets Bitcoin price pressure took BTC toward the “crucial” $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire. You Might Also Like Hyperliquid open interest surges 32% in a week: Is $80 HYPE next? June 17, 2026 Crypto whale opens $325M long positions in BTC, ETH, XRP, and SOL January 9, 2026 BlackRock CEO Larry Fink pushes tokenization as next phase of markets March 23, 2026