Bitcoin Hits $80,000 As Trump's Project Freedom Rattles Oil Markets

Camille MeulienMay, 04 2026 10:03

Project Freedom Sparks Divergence Crude benchmarks slipped while Bitcoin extended gains in early Asian trading hours. Brent crude fell 0.16% to $121 a barrel, and West Texas Intermediate eased 0.29% to $101.

Bitcoin touched $80,000 before settling at $79,715, up 1.9% over 24 hours.

Trump unveiled the operation in a Truth Social post on Sunday.

He said the mission is focused on guiding neutral foreign vessels out of the strait, where ships have been stranded amid US-Iran tensions. He framed the move as a humanitarian gesture.

US Central Command later confirmed it will deploy guided-missile destroyers, more than 100 aircraft, unmanned platforms, and roughly 15,000 service members to back the mission, which is set to begin Monday morning Middle East time.

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Camille Meulien

Camille Meulien is an accomplished entrepreneur and technologist with a track record of building large-scale, high-performance solutions. As CEO of Yellow Capital and former CTO at Openware, he led ambitious initiatives such as designing a real-time bidding platform to handle massive web traffic and implementing DevOps best practices across multi-cloud environments. Specialized in blockchain, distributed systems, and Big Data, Camille consistently pushes technical boundaries to create products that benefit both businesses and society. He combines deep expertise with an innovative mindset, ensuring technology drives positive impact at every turn.

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Bitcoin Hits $80,000 As Trump's Project Freedom Rattles Oil Markets | Yellow