CoinWorld News: Bitcoin prices fell below $62,000 today, despite U.S. May CPI data showing inflation rising to 4.2%. Under pressure from Trump's threats against Iran, a strengthening dollar, and weak spot demand, the crypto market was affected. Bitcoin briefly rose to $62,400 after the CPI data was released, but as tensions between the U.S. and Iran escalated, traders re-adopted risk-averse strategies. Currently, Bitcoin is trading at approximately $61,793, down about 7.5% over the past week. Market participants continue to focus on the short-term support zone between $60,000 and $60,500. The overall market environment remains challenging for crypto assets.

BTC1.76%
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SlowerThanBlock
· 1h ago
The moment Trump opens his mouth, the market starts shaking—while the fighting in Iran hasn’t even kicked off yet, let’s take a round at it first.
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Lefei
· 2h ago
@gateai
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GateUser-092c86f9
· 2h ago
Just charge forward 👊
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GateUser-092c86f9
· 2h ago
Just charge forward 👊
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HexiHoodie
· 2h ago
Can 60k hold up?
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AirdropDreamsInAGlassBottle
· 2h ago
The spot market demand is truly weak, friends around me are all watching and waiting, no one dares to buy the dip, I find the 60,000-60,500 support level questionable.
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PunkRiskMgr
· 2h ago
CPI went up but the coin dropped, this logic has me confused
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