Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
CoinDesk·
60-second summary
Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades, with crypto dropping across the board in holiday-thinned trading, giving back the week's gains. Oil prices are down 9% and the Iran deal is signed, raising concerns about the market's trajectory, potentially jeopardizing the possibility of an altseason this cycle.
Crypto dropped across the board on Friday in holiday-thinned trading, giving back the week's gains. With oil down 9% and the Iran deal signed, the question turns to whether this cycle gets an altseason at all.