Bitcoin Jumps Past $76K as Iran Reopens Strait of Hormuz; Oil Plummets and MSTR, Gold React

Iran announced the Strait of Hormuz would be open to commercial vessels during the remaining ceasefire period, and media reported a second round of U.S.–Iran talks was expected in Islamabad; U.S. President Donald Trump also posted that the strait was open ^{[1] [2] [3]}.

Markets reacted quickly: multiple outlets reported Bitcoin broke above $76,000 and, in some feeds, moved past $77,000 following the news, and Bitcoin proxy Strategy (MSTR) jumped more than 12% on the rally ^{[4] [2] [3]}.

Energy and traditional markets moved in the opposite direction—oil prices plunged (reports noted crude briefly fell to a five‑week low below $80 per barrel and major benchmarks dropped sharply), while gold and airline stocks also showed market movement after the announcement ^{[5] [3] [6]}.

Reports indicate talks and market responses are ongoing; coverage and price action may continue to evolve as confirmations and details emerge ^{[1] [4]}.