Bitcoin under $63,000 after new U.S. strike on Iran. Trump's China comment adds to uncertainty

Geopolitical tensions and renewed fears of U.S.-China frictions are weighing on risk assets, including bitcoin.

Source: CoinDesk

DW NOTE

The US just bombed five bridges in southern Iran and struck Chabahar's maritime control tower — yet WTI held at $79. That's not risk assessment, that's denial. The Strait of Hormuz ceasefire was already on the verge of collapse as of July 8th; this strike likely finished it off.

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