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

Published Source: CoinTelegraphRead original

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expectations and geopolitical tensions create short-term uncertainty but lack decisive market-moving power.

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