Crypto fear index fell from 12 to 10 this week as Iran’s Hormuz drills raised oil and energy risk for BTC miners.
Summary
- Crypto fear and greed index dropped from 12 to 10 as Iran’s naval drills briefly closed the Strait of Hormuz, a major oil route.
- Roughly 20–25% of seaborne oil and about 20% of global petroleum consumption move via Hormuz, making closures a direct shock channel to energy prices.
- Higher energy costs can compress BTC mining margins and force some miners to scale back or sell holdings, tightening market liquidity during macro uncertainty.
Cryptocurrency market sentiment declined this week as geopolitical tensions escalated in the Middle East,…
