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

June 11, 2026 0
Bitcoin tags .2K as BTC price action ignores inflation, Iran Hormuz closure

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.

Key points:

Read more

About The Author

TheCryptoNewsWire

See author's posts

More Stories

Franklin Templeton, BNP Paribas see tokenization boosting EU’s capital efficiency

June 11, 2026 0
Digital Asset lands 5M as a16z doubles down on Wall Street blockchain rails

Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails

June 11, 2026 0
Hungary to reverse crypto trading crackdown after EU scrutiny

Hungary to reverse crypto trading crackdown after EU scrutiny

June 11, 2026 0

Leave a Reply

You may have missed

Franklin Templeton, BNP Paribas see tokenization boosting EU’s capital efficiency

June 11, 2026 0
Bitcoin tags .2K as BTC price action ignores inflation, Iran Hormuz closure

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

June 11, 2026 0
Wall Street’s Next Onchain Test Gives Citi Clients Tokenized Access to Private Shares

Wall Street’s Next Onchain Test Gives Citi Clients Tokenized Access to Private Shares

June 11, 2026 0
Institutional Giants Back 5M Canton Network Round as DTCC Treasury Deal Nears

Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears

June 11, 2026 0
Bitcoin Traders Eye K Resistance as RSI Hangs at the Lowest Level Since November 2018

Bitcoin Traders Eye $64K Resistance as RSI Hangs at the Lowest Level Since November 2018

June 11, 2026 0
Please enter CoinGecko Free Api Key to get this plugin works.