U.S. Central Command (CENTCOM) on Monday rejected Iranian claims of strikes on US Navy warships within the Strait of Hormuz, however tensions stay excessive amid Trump’s “Project Freedom.” Bitcoin pared earlier features as oil costs surged 3% amid Iran’s claimed firing of two missiles on vessels within the Strait of Hormuz.
US Rejects Iran’s Claim of Hitting Warships
Iranian state media reported that Iran’s Islamic Revolutionary Guard Corps (IRGC) hit a US warship with two missiles to forestall it from getting into the Strait of Hormuz.
As a end result, oil costs jumped greater than 3% on May 4, inflicting Bitcoin and the broader crypto market to pare earlier features. BTC value is presently buying and selling at $78,802, retracing greater than 2% from $80,596 highs.
However, U.S. Central Command denied any strikes on its warships in an X post as Iran’s strikes on US Navy information impacted futures costs on US inventory exchanges.
“No U.S. Navy ships have been struck. U.S. forces are supporting Project Freedom and enforcing the naval blockade on Iranian ports,” CENTCOM added.
Both Warns Attacks on Vessels Entering Strait of Hormuz
Iran has warned it is going to assault US Navy ships in the event that they enter the Strait of Hormuz. This comes hours after President Donald Trump introduced a plan to ‘guide’ stranded vessels via the waterway below the “Project Freedom.”
Moreover, Iran warned that US interference may violate any potential ceasefires and will escalate the tensions. The stalled US-Iran peace talks have sparked issues amongst buyers amid the worldwide power disaster.
Meanwhile, the US has modified its guidelines of engagement within the area. American forces are actually licensed to strike speedy threats to ships transiting the Strait, together with IRGC quick boats and Iranian missile positions.
🚨A U.S. official stated the principles of engagement for U.S. forces within the area have been modified they usually have been licensed to strike speedy threats in opposition to ships that cross the strait, like IRGC quick boats or Iranian missile positions https://t.co/yzebKR0CJ1
— Barak Ravid (@BarakRavid) May 4, 2026
The crypto neighborhood eyes a rebound in Bitcoin as CENTCOM denied claims of strikes on US Navy warships. Experts similar to 10x Research and BIT predicted additional upside in Bitcoin because it triggered the primary bull market indicators. As CoinGape reported, a high analyst even imagine Bitcoin price could hit $96K this week.
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