Bitcoin price fell to around $62,000 after a hawkish Federal Reserve outlook dampened risk appetite.

Bitcoin's price dips below $65,000 as investors react to geopolitical tensions from the US-Iran interim agreement and concerns over shifting global monetary policies.

Bitcoin slid toward $63,000 on June 17 after the U.S. Fed signaled higher rates ahead, dragging crypto lower, even as long-term holders kept buying the dip.