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06/17 04:27

Bitcoin slips to $65K after Israel’s action clouds

Bitcoin slips to $65K after Israel’s action clouds U.S.-Iran peace hopes #BTC Prophet: 20-Day 380 Million HTX Challenge #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary

Bitcoin has fallen back toward $65,000 after renewed tensions involving Israel and Lebanon tempered optimism surrounding a potential U.S.-Iran agreement, while traders also reduced risk ahead of the Federal Reserve’s policy decision. According to crypto.news market data, Bitcoin (BTC) price dropped from an intraday high near $66,900 on June 16 to a low around $65,400 before stabilizing near $65,700 at press time. Bitcoin price retreated following reports that Iran’s military accused Israel of violating the ceasefire in southern Lebanon dozens of times since the U.S.-Iran deal was announced, warning of a “harsh response” if attacks continue. The decline interrupted a rally that had gained momentum earlier in the session after reports suggested Washington and Tehran were preparing to sign a memorandum of understanding later this week. The agreement would reportedly allow tanker traffic through the Strait of Hormuz, a development that helped push crude oil prices down more than 6% to roughly $75.5 per barrel, their lowest level since early March.

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