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Sign InOil prices surged 8% past $100 per barrel following the U.S. blockade of the Strait of Hormuz, triggered by reports of crypto-based transit tolls. In a significant market shift, the total cryptocurrency market capitalization surpassed $2.6 trillion on April 14, as Bitcoin (BTC) reached a session high of $74,959. This rally occurred despite TRM Labs casting doubt on on-chain evidence of systematic payments and Jim Rickards suggesting XRP might be the asset in use. Altcoins such as Ethereum and RAVE also experienced a significant rally, contributing to the broader market surge. While the Dow Jones fell 350 points amid energy supply fears, the digital asset market remains resilient, nearing record levels. Investors are now weighing these geopolitical tensions against the massive liquidity flowing into the crypto ecosystem.