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Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%

Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%

CoinTelegraph·21hRead the full story →

Hex37's read

  • Bitcoin briefly touched $63,000 on Juneteenth.
  • Odds of a July Fed rate hike are nearing 40%.
  • Bitcoin showed low volatility despite hawkish Fed meeting.
  • Geopolitical tensions over Iran also influenced markets.

What it means for traders

  • Hawkish Fed stance and geopolitical risks may weigh on BTC, suggesting caution.
  • Potential for increased volatility if Fed rate hike odds continue to rise.

Affected markets

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