CPI rebound failed to save the day, and with Iran's situation tightening, funds all fled, and on-chain data also dried up.

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.