Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940, down about 1.4% over 24 hours. Other leading […] The post Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August appeared first on CryptoSlate.