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Live updates: Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

Bitcoin traded near $62,600, down slightly over 24 hours and stable for the week, amid renewed geopolitical tension as President Trump reinstated the U.S. blockade on Iranian ships in the Strait of Hormuz, pushing Brent crude oil prices up around 2.8%. This development reversed a prior peace agreement, increasing inflation concerns and boosting expectations of a Federal Reserve rate hike, which negatively impacts crypto markets. While Bitcoin has ranged between $59,000 and $66,000 for the past month, Ether was slightly up, and other major tokens like Solana and XRP dropped over 5%. The upcoming June inflation report will be key in determining the Fed's next move and the cryptocurrency market's direction.

about 2 hours ago

Bitcoin Crypto News Page 7

Live updates: Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

Market Pulse

U.S. government moves $288 million in seized bitcoin, ether to Coinbase Prime

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Bitcoin, ether little changed as U.S. launches fresh Iran strikes

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Japan's 'invest locally' plan likely to spur demand for assets like bitcoin, gold

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Metaplanet explores Bitcoin-backed digital credit with JPYC in JapanMetaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched.

Bitcoin's $60,000-$70,000 range becomes third most traded range in history

Metaplanet explores bringing bitcoin-backed digital credit to Japan

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch

Live updates: Bitcoin rises to $64,000 as SK Hynix opens for trade after $26.5 billion IPO

Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears

Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

New Hampshire snuffs out trailblazing state-government bitcoin bond effort

Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks

AI contracts, not bitcoin, now drive miner valuations, and Cipher and TeraWulf look cheap, says analyst

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