Bitcoin slides to $72,300 as Hormuz conflict and hot inflation hit risk assets

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March 18, 2026 · 1:36 PM

Bitcoin slides to $72,300 as Hormuz conflict and hot inflation hit risk assets

Bitcoin slips to $72.3k as the Strait of Hormuz conflict spikes oil, U.S. inflation runs hot, and traders slash Fed cut bets, pressuring crypto and stocks. Cryptocurrency markets came under sharp pressure on Wednesday as two converging macro forces —…

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