A broad sell-off across stocks, oil, and crypto dragged Bitcoin below $63,000 on June 19, wiping out its weekly gains.
BTC traded near $62,700, down almost 2% on the day, as the broader market gave back the bounce it caught earlier in the week on optimism around the US-Iran peace deal.
Ethereum dropped over 2% to around $1,695, XRP fell 3.2%, and Solana lost the same. Hyperliquid’s HYPE token slid 3.7% but still leads the week’s major coins, up over 13%.
Chart watchers are eyeing the $59,000–$60,000 zone Bitcoin held earlier this month. A break below it could open the door to $45,000, while a bounce would keep the recent range intact.
Global equities and oil also slid Friday, with Brent crude down about 9% on the week as shipping through the Strait of Hormuz normalized following the signed US-Iran deal.
Read more: Bitcoin price prediction
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