US-Iran War A ‘Nuclear-Grade Bull Catalyst’ For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips
Posted On June 23, 2025
Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).
What happened: In a series of posts, Livingston noted the U.S. bombing of Iran’s nuclear sites and Iran potentially closing the Strait of Hormuz, the world’s most strategically important oil shipping choke point.
He highlighted an earlier forecast by JPMorgan analysts that a Strait of Hormuz closure would likely trigger a sustained oil price shock, sending prices to $120–$130 per barrel.
Livingston argued that war-induced …
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