Bitcoin surges to $80,000 as Trump launches Project Freedom in Strait of Hormuz amid US-Iran tensions.

Bitcoin's price jumped to $80,000 following President Trump's announcement of Project Freedom, a US military operation to escort neutral vessels through the Strait of Hormuz amid rising US-Iran tensions. The US Central Command plans to deploy 15,000 troops, destroyers, and over 100 aircraft to secure the trade route starting May 4. While oil prices dipped slightly, the move heightened market volatility as Iran warned any US interference would violate the ceasefire. The operation's launch and Iran's response remain key factors for future market movements in oil, equities, and cryptocurrencies.