Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns

- Bitcoin’s $60K floor is back, thanks to the Hormuz oil shock. U.S. strikes on Iran pushed crude up 4.7%, reviving inflation fears and strengthening the dollar. Naturally, risk assets like BTC retreated below $63K as yields climbed and equity futures bled. It’s not just geopolitical chaos; it’s basic macroeconomics. When oil hits $80, the Fed stays hawkish, and liquidity dries up faster than a meat wallet in a drought. Glassnode notes recovery needs DXY below 99 or yields near 4.2%. Until then, Bitcoin is just competing with bonds for attention. Don’t bet the farm on a bounce until oil cools or the dollar breaks. Stay liquid, stay skeptical, and remember: aggressive passive income requires actual assets, not hope.