๐ฅ U.S. blockade on Iran = markets hostage ๐
AI Summary
The U.S. has imposed a full blockade on Iran after failed nuclear talks, creating a 400M barrel oil shortfall that's constraining global markets. Despite geopolitical tensions, institutional crypto adoption continues with Michael Saylor buying Bitcoin weekly and major financial firms like Morgan Stanley and Charles Schwab launching crypto products.
Key Facts
Author Takes
Iran conflict resolution
Iran has nothing and can't do anything, but stalling is causing worse damage
Market direction
Everything wants to go higher but markets are hostage to Iran situation - favorable resolution brings positive momentum, otherwise breakdown
Related topics
More from Milk Road
๐ฅ This is make or break for crypto ๐ฅด
The Senate Banking Committee is voting tomorrow on the CLARITY Act, the first crypto market structure bill in U.S. history, which splits regulatory au
๐ฅ Our lead analyst just sold BTC ๐คจ
Milk Road's lead analyst Martin trimmed his Bitcoin, Coinbase, and Tesla positions to raise cash and reduce crypto correlation, rotating proceeds into
๐ฅ Is the crypto bottom already in? ๐ค
Milk Road's macro analyst John Gillen argues the crypto bear market may have started in January 2025 (~16 months ago), putting the bottom potentially