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Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?

faviconcointelegraph.com

July 8, 2026 · 6:41 PM

Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?

Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement.

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Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over? | cryptobinto