Bitcoin (BTC), Ethereum (ETH), XRP and the broader crypto market saw a much-needed bounce on Wednesday as reports indicate the UAE is willing to join the U.S. and allies in forcibly reopening the Strait of Hormuz, pushing for a UN Security Council resolution to authorize it. This could ease fears of prolonged oil supply disruptions
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.