Bitcoin drops amid geopolitical risks and Fed rate expectations

12:21 - 20.07.2026


July 20, Fineko/abc.az. Bitcoin fell 0.9% to $64,100 on Monday, remaining in a narrow range amid weak market sentiment. Pressure was intensified by escalating tensions between the U.S. and Iran and rising oil prices, which raised inflation expectations.

Investors are also cautious due to the potential tightening of the Federal Reserve's policy, as high interest rates make cryptocurrencies less attractive compared to more profitable investments.