Why Bitcoin fell below $63K after the oil shock finally eased
Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263 while oil was falling and ships were moving through the Strait of Hormuz for the first time in weeks. Today, June 19, it then continued to experience weak price...
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