Bitcoin manages to return to $63,000 despite mounting US inflation headwinds and Iran's new declaration of the complete closure of the Strait of Hormuz oil route.

BTC rebounds to $62K, shrugging off U.S.-Iran clashes. However, a 4.2% May CPI print and fears of a Fed rate hike cloud the 2026 outlook.

Bitcoin manages to return to $63,000 despite mounting US inflation headwinds and Iran's new declaration of the complete closure of the Strait of Hormuz oil route.