Bitcoin Drops to $62,541 as U.S.–Iran Strikes Lift the Dollar
Geopolitical escalation is doing what rate-cut optimism could not: pulling capital out of risk and back into USD, with the Fear & Greed Index now deep in extreme fear territory.
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Geopolitical escalation is doing what rate-cut optimism could not: pulling capital out of risk and back into USD, with the Fear & Greed Index now deep in extreme fear territory.
Crypto held firm while the AI trade wobbled, breaking the quarter-long pattern of capital rotating out of tokens and into chip stocks, though a stronger dollar keeps the next move tethered to…
Bitcoin finished the first half down 34% with two back-to-back losing quarters, a pattern seen only in the 2018 and 2022 bear cycles, and the seasonal Q4 rescue failed in both of those years.
It's not a sale yet, but Strategy's reversal of Saylor's never-sell stance meets a 40-year-low yen and a thin on-chain tape, leaving the market with no obvious lift.
Markus Thielen frames the call around a hawkish Fed under new Chair Kevin Warsh and a strengthening dollar, with a late-August-to-October bottom window guided by global liquidity, the macro calendar…