Hippo Morning Report day299: Iran has started attacking non-military US facilities in the Middle East, the Strait of Hormuz remains dangerous, international oil prices continue to rise, the US is preparing to release crude oil reserves, and Trump is becoming increasingly passive.

Gold and US stocks have pulled back slightly, but crypto has rebounded modestly amid volatility. Could funds be fleeing and flowing into crypto??
Bitcoin - oscillating between 70,000-73,000, multiple breakout attempts have failed, but there are no signs of breaking down either. Keep grinding, aim for 80,000 in the near term 🫡
Ethereum - Bitmine directly bought coins from the Ethereum Foundation, TomLee: Stop pretending, if you want to sell just sell them to me, I'll buy unlimited 🤣

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💠24h Chain News Selection
1️⃣ Trump administration has initiated US oil reserve release procedures;
2️⃣ 315 Evening Gala exposes AI large models being "poisoned", "brainwashing" AI has become an industry chain;
3️⃣ Strategy's bitcoin holdings currently showing 5.96% floating loss, approximately $3.34 billion;
4️⃣ During Iran conflict, bitcoin successfully "decoupled" from US stocks, S&P 500 fell 2.2%, bitcoin rose 2.4%;
5️⃣ High-end luxury jewelry and watch brand Jacob&Co. launches bitcoin mining watch, limited to 100 units;
6️⃣ Former UK Prime Minister calls "bitcoin a Ponzi scheme", Eric Trump leads the rebuttal;
7️⃣ Ethereum Foundation sells 5,000 ETH to BitMine, valued at approximately $10.22 million;
Believe in the power of belief #BTC200K2026