According to Crypto Rover, Iran's parliament has approved a measure to close the Strait of Hormuz, pending finalization by the nation's top security body (source: Crypto Rover, June 22, 2025). This strategic waterway is vital for global oil shipments, and its potential closure has triggered immediate volatility across cryptocurrency markets, especially for Bitcoin (BTC) and Ethereum (ETH), as traders anticipate increased risk premiums similar to previous geopolitical disruptions. Energy-sensitive tokens and commodities-backed crypto assets may experience heightened trading activity and price swings as the situation develops.