$BTC

BTC
BTC
61,793.99
-1.69%

$ETH

ETH
ETH
1,648.77
-1.43%

$SPACE

SPACEBSC
SPACEUSDT
0.006601
-1.97%

Why Bitcoin fell below $63K after the oil shock finally eased

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.

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