On Monday, Bitcoin remained just below $63,000, while Ether stayed around $1,800, per Coinmarketcap data.

This stability comes amid heightened tensions following America’s third round of strikes on Iran, with Tehran announcing the closure of the Strait of Hormuz “until further notice.”

As reported by Reuters, US Central Command indicated that President Trump authorized strikes aimed at diminishing Iran’s capacity to target commercial vessels following an incident where Iranian forces attacked a Cyprus-flagged container ship. Vessel-tracking data indicated some activity near Hormuz during Asian hours on Sunday, though it remained significantly below usual levels.

Despite the macro threat, US-listed spot Bitcoin exchange-traded funds…