Polymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel.

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	Forwarded this email? Subscribe here for more Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August Polymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel. Jul 13   READ IN APP   Happy Monday! Crypto’s biggest pressure point is execution: moving funds is easy, but proving control, tracing ownership and managing risk across borders remain much harder. That gap is showing up at every level, from a Thai fraud-linked wallet that processed more than $122 million before Interpol closed in to seized coins the DOJ won on paper but failed to secure in practice. The same fragility is hitting prices and positioning. Bitcoin slipped below $63,000 as Hormuz disruption lifted oil, the dollar and yields, reviving the $60,000 floor debate. The global crypto market cap is $2.16 trillion, with a 24-hour volume of $62.05 billion. The price of Bitcoin is $62,577.50, and BTC market dominance is 58.2%. The price of Ethereum is $1,775.81, and ETH market dominance is 9.9%. The best-performing sector is Gambling, which gained 3%. The Crypto Fear & Greed Index is currently Extreme Fear (28). 📰 Top News Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August Polymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel. One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in The Thailand case shows how cross-chain token swaps can complicate tracing across services, assets and borders. XRP loses $700 million in futures bets while XRPL builds a $4 billion institutional pipeline The token’s struggling price performance comes as ETF inflows reverse and wallet growth stalls, putting XRPL’s institutional strategy in focus. Buy Borrow Die Guide Series: Capital preservation in practice: how major players use high-LTV crypto-backed loans A practical guide to using high-LTV crypto-backed loans to unlock liquidity without selling, covering LTV, liquidation thresholds, risk monitoring, loan recovery, and cross-collateralized portfolio management. Brought to you by CoinRabbit. Read the Guide 🗞️ More News Convicted scammer’s “seized” crypto moves to unknown wallets while in prison as DOJ failed to secure funds Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns After MiCA deadline, majority of Binance users sent funds to self-custody not other compliant exchanges Ripple CEO says SEC suit nearly pushed company to shut down Tether’s $20 billion mountain of gold – equal to a national reserve – to be used for lending Ad: Self-custody in 2026: why holding your keys is only the first step In 2026, control is not enough; execution matters too 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. 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