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Bitcoin Tumbles on Fed Rate-Hike Bets Amid Iran Tensions, Inflation Surge

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin declines 0.9% to $80,666 amid U.S.-Iran tensions and elevated oil prices.
  • Markets now price a 60% chance of Fed rate hikes by year-end, with full pricing of a move by March 2027, pressuring risk assets.
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BTCUSD price history

76713.33 +13.73% over the displayed period

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