Bitcoin sellers return as markets react to the failure of the US-Iran ceasefire and Hormuz closure threats, sending oil past $75 per barrel.

Bitcoin trades near $62,103 as the daily chart rejects $64,000, MACD flashes bullish, and longer averages stay bearish.

Brent crude surged up to 7% and Bitcoin fell below $62,000 after Trump declared the Iran ceasefire over at a NATO summit, rattling global markets.