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Bitcoin price falls below $65,000: These two major global events are spooking crypto investors (opens original article in a new tab)

TL;DR

Bitcoin price declined below $65,000 as geopolitical tensions eased and US Fed signaled potential rate hikes, creating a challenging environment for crypto investors.

  • Bitcoin price fell below $65,000 due to geopolitical tensions easing and US Fed's hawkish stance
  • US-Iran interim agreement extended ceasefire by 60 days and eased oil transport concerns
  • Fed's policy decision indicated potential rate hikes, increasing pressure on riskier assets like Bitcoin
  • Bitcoin showed some stabilization after finding support at $62,000-$63,000 range but remains under broader market pressure

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