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Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 3 Views

Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure

Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route.

Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route.

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