Bitcoin hovered near $62,500 as escalating US-Iran tensions, rising oil prices and inflation concerns kept investors on edge ahead of key US CPI data and Fed Chair Kevin Warsh's testimony. Despite short-term caution, on-chain accumulation by long-term holders and institutional interest continue to support the broader crypto market outlook.

Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions.

Bitcoin and major cryptocurrencies declined as escalating U.S.-Iran tensions fueled a broad risk-off move, pushing market sentiment deeper into fear. Analysts remain divided in…