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.

Bitcoin drops as rising oil prices amid US-Iran tensions revive inflation fears and interest rate concerns.

Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today's inflation print is the…

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…

The day ahead in crypto: July 14, 2026

Bitcoin rose after June's CPI fell 0.4%, denting Fed rate hike expectations despite Middle East conflict looming over the crypto market.

Bitcoin rebounded to around $64,700 after softer-than-expected US inflation data weakened the dollar and eased concerns over near-term Fed rate hikes. Ethereum outperformed with a…