Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities

CryptoSlate2h agoUpdated 1h ago
Bitcoin price shows resilience above $60,000 amid renewed US-Iran hostilities
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Bitcoin held above $62,000 as US-Iran tensions disrupted Strait of Hormuz shipping, pushing oil prices toward $80 and reviving inflation concerns. Higher crude threatens rate expectations, pressuring risk assets like Bitcoin. Traders monitor whether tanker traffic recovers or sustained supply disruptions keep energy markets tight, directly impacting Federal Reserve policy trajectory and crypto market direction.

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