Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route.

Source: [CoinTelegraph](https://cointelegraph.com/markets/bitcoin-tags-632k-as-btc-price-action-ignores-new-iran-hormuz-closure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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