Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%
Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran.
Bitcoin (BTC) rose above $63,000 on Friday as markets adjusted to geopolitical and macro changes.
Key points:
Bitcoin takes a time-out near week-to-date lows after a broadly hawkish Fed interest-rate meeting.