Bitcoin's price has fallen below $65,000 as global tensions and oil prices rise. The ongoing conflict between the US and Iran is fueling market uncertainty, with oil prices reaching $100 and bond yields surging. This development has led to a divergence in Bitcoin price forecasts.
Meanwhile, the odds of a July Fed rate hike have increased to nearly 40%. According to reporting from CoinTelegraph, these factors are contributing to the current market volatility. As a result, Bitcoin's price has dipped below the $65,000 mark, reflecting the uncertainty and instability in the global markets.