Bitcoin slides below $65K as Iran conflict fuels oil surge and rising rate-hike odds – Link
Bitcoin fell below $65,000 as escalating US-Iran tensions pushed oil toward $100 and lifted bond yields. July Fed rate-hike odds climbed toward 40%, while CEX data showed BTC around $63,700-$65,400 and ETH near $1,858-$1,880, both down roughly 1.4%-3.4% on the day.
Matters because: Higher oil and yields tighten financial conditions and increase risk-off pressure, which can weigh on crypto and other high-beta assets in the short term.
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