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.

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