Bitcoin subdued under $62k amid U.S.-Iran escalation; May CPI meets expectations

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Bitcoin subdued under $62k amid U.S.-Iran escalation; May CPI meets expectations

AI Summary

Bitcoin price remains subdued under $62,000 amid escalating tensions between the U.S. and Iran, while May's Consumer Price Index met market expectations. These factors influenced investor sentiment in global cryptocurrency and financial markets.

World Politics Markets Commodities Bitcoin U.S.-Iran tension CPI cryptocurrency market sentiment inflation finance

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