Polymarket reported that the odds of Iran closing the Strait of Hormuz fell dramatically from 52% to 11% after Iran chose to strike U.S. Bases instead.
Prior to June 23, rising tensions with Israel contributed to increasing blockade odds, but U.S. Airstrikes on Iranian nuclear facilities triggered an initial surge.
Recent events led to Bitcoin dropping below 100,000 USD, while Ethereum, XRP, and Solana experienced declines of 9%, 7.2%, and 8.5%, respectively.
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