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Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?
Bitcoin traded near $62,000 amid rising oil prices, heightened tensions in Iran, and risk reduction by traders ahead of a Federal Reserve policy announcement. The price movement reflects uncertainty linked to geopolitical and monetary factors.
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Adjacent reporting
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- US Stock Futures Fall, Oil Climbs on Iran Tensions: Markets Wrap
- US Futures Slip, Oil Climbs on Renewed Iran Threat: Markets Wrap
- Early trading on Wall Street mixed as oil prices tick higher with Iran cease fire under strain
- Dow futures slip, oil prices push higher as Iran war remains stuck in stalemate
- Bitcoin pulls back to $76,600 as rising oil price and Iran risks stall the rally