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Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?

Cointelegraph July 8, 2026 · 6:41 pm Read Original

Strong Bullish 94.5

−100 Bearish 0 +100 Bullish

Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?

Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement.

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Source Cointelegraph

Published Jul 8, 2026 · 6:41 pm

Article ID mtbndpa

Original URL Open source

Strong Bullish 94.5

−100Neutral+100

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