US Treasury Sanctions Iranian Bitcoin Firms Amid Hormuz Strait Transit Scrutiny

The US Treasury has imposed sanctions on Iranian firms that accept Bitcoin payments for Hormuz Strait transit.

This move has raised fresh questions about whether enforcement actions are contributing to the recent divergence between Bitcoin's price and broader risk assets.

Over the past six months, regulators have intensified scrutiny of crypto corridors tied to sanctioned routes, echoing patterns seen in 2025 enforcement waves.

As Bitcoin tests its upper Bollinger resistance at $79,013.22 while the Relative Strength Index (RSI) flashes overbought at 78.09, a healthy retracement to the 50-EMA support at $77,345.56 seems probable before further continuation.

Traders are now layering sanctions impact into volatility forecasts, watching for potential crypto market crash signals if Iranian flows reroute through decentralized channels.