Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge

CoinTelegraph·

Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge

60-second summary

Bitcoin's price is currently sliding below $65,000 as escalating US-Iran war tensions drive oil prices upwards to $100 and bond yields surge. This volatile market environment is fueling divergent Bitcoin price forecasts, while July's Federal Reserve rate-hike odds approach 40%, heightening market uncertainty and potentially influencing investor sentiment and risk appetite.

Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%.