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CoinEx Daily: Strait of Hormuz Reopening Risk Keeps Assets under Pressure Despite Bitcoin Recovery

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Published on 2026-03-11

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Bitcoin rebounded towards the $70,000 area and market sentiment has become more optimistic. Geopolitical strain around the Strait of Hormuz kept broader risk assets under pressure pending a credible reopening path, and expectations for a Federal Reserve rate hold strengthened.

CoinEx Daily: Strait of Hormuz Reopening Risk Keeps Assets under Pressure Despite Bitcoin Recovery