CoinsAQ summary · neutral
Why Bitcoin fell below $63K after the oil shock finally eased
What happened
Bitcoin’s drop below $63,000 shows traders are looking past Hormuz relief and pricing the Fed’s hawkish rate outlook back into risk assets. Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263.
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