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

60-second summary

Bitcoin price momentarily touches $63,000 on Juneteenth, but fails to sustain momentum, unable to bounce from local lows despite avoiding volatility. The lack of a significant price increase comes after a hawkish Fed meeting and rising tensions over the Strait of Hormuz control from Iran, weighing on investor sentiment and potentially impacting July's rate-hike odds near 40%.