Bitcoin Under Pressure as Trump Says Iran Ceasefire Is Over

Bitcoin and major cryptocurrencies traded lower after the U.S. and Iran exchanged aerial strikes and President Donald Trump said the ceasefire with Iran is over. BTC slipped to $62,657 in Asian hours, down nearly 1% since midnight UTC, according to CoinDesk, while ETH, XRP and SOL fell 1% to 2.3%. WTI crude rose more than 2% to $72.27 and the Dollar Index held above 101.00. The U.S. cited strikes after attacks on ships in the Strait of Hormuz; Iran said it targeted “85 US military installations” in retaliation.