According to CoinDesk, hopes for easing the situation around the Strait of Hormuz faded after Donald Trump demanded 50 years of compensation from Iran. Against this backdrop, oil returned to the $89 level, while cryptocurrencies and equities held steady ahead of a major U.S. inflation report.

The CoinDesk headline also notes that Bitcoin remained below $65 000, while XRP edged toward the $1 level. The source provides no additional details about the movement of other assets or market participant responses in the supplied package.

Geopolitical expectations, oil prices, and upcoming inflation data are important drivers for the market. However, the available information is limited to metadata and a synopsis from CoinDesk, so independent confirmation of details is lacking.