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

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

Project Freedom Sparks Divergence Crude benchmarks slipped while Bitcoin extended gains in early Asian trading hours, . Brent crude fell 0.16% to $108 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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