Bitcoin Holds $62.6K as Iran Conflict, CPI Jitters Fuel Fear
The geopolitical bid for safety and a hot CPI print both hit in the same session, and the Fear & Greed Index sitting at 22 means nobody is leaning into the dip yet.
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The geopolitical bid for safety and a hot CPI print both hit in the same session, and the Fear & Greed Index sitting at 22 means nobody is leaning into the dip yet.
The single largest opening-session drawdown since the 2020 Covid shock, and the speed of the move is forcing cross-asset de-risking before US macro data lands later this week.
Bitcoin shed 14% over the past week in what's shaping up as one of the sharper short-term reversals of the year, with…