Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release

Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release

Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement.

Fed-linked risk cuts drive Bitcoin back to $62K—Rally outlook in focus

Bitcoin is trading slightly above $62,000 and is down nearly 2% over the past 24 hours as risk sentiment has weakened across global markets. The selloff pressure is not confined to crypto: participants have pointed to losses in semiconductor...

CoinStats - Fed-linked risk cuts drive Bitcoin back to $6...

Bitcoin is trading slightly above $62,000 and is down nearly 2% over the past 24 hours as risk sentiment has weakened across global markets. The selloff pressure is not confined to crypto: participants have pointed to losses in semiconductor and AI-linked stocks, along with higher oil prices following a fresh escalation in tensions between the US and Iran. Asian markets were hit overnight after renewed profit-taking tied to Samsung, while the US…