BTC closed the week at USD$71,093, up 1.8%, and held the USD$69k level even as Monday's Hormuz blockade announcement hit markets — pulling back just 2.7% while S&P 500 futures dropped over 0.9% and Dow futures fell 1%. ETH closed at USD$2,180, up 1.4%. Bitcoin spot ETFs recorded USD$22.34 million in net inflows last week. BTC's range has quietly shifted higher to USD$68k–USD$73k over the past fortnight, with USD$73k the key resistance. The asset class is absorbing bad news without breaking structure. The macro backdrop just got more complicated. Markets were riding a 7-day S&P 500 winning streak into Friday — the best run since October — before the ceasefire broke down over the weekend and Trump announced a US naval blockade of the Strait of Hormuz. Brent surged 8% back above USD$103 on Monday, March CPI posted its largest monthly increase in nearly four years, and markets are pricing zero rate cuts for 2026. Q1 earnings from Goldman, JPMorgan, Citigroup, Wells Fargo, Morgan Stanley and Bank of America report this week — the first real corporate read on how the conflict is hitting margins and guidance.