Bitcoin Surges to $80,000 Following U.S. Mission Announcement in Strait of Hormuz

Bitcoin's price increased to $80,000 after U.S. President Donald Trump revealed Project Freedom, a mission aimed at escorting neutral foreign vessels out of the Strait of Hormuz. According to NS3.AI, this announcement impacted oil benchmarks, with Brent crude trading at $108 per barrel and West Texas Intermediate (WTI) at $101 at the time of reporting. The U.S. Central Command (CENTCOM) confirmed the deployment of military assets to support the operation.