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