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The Economic Times

Surbhi Khanna

Bitcoin consolidates near $62K as US-Iran tensions and inflation fears keep investors cautious

United States Bitcoin Inflation Kevin Warsh US Federal Reserve Akshat Siddhant Oil Crypto Ethereum Solana

Bitcoin consolidated near the $62,000 mark on Tuesday as US-Iran tensions and inflation fears keep investors cautious. The cryptocurrency was last seen trading at $62,521 around 1 PM.

In the past 24 hours, Bitcoin was down 0.51%, and Ethereum was up 0.04% to trade at the $1,779 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano slipped up to 2.46%.

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