Bitcoin’s rebound weakened as renewed Israel-Iran hostilities pushed oil prices back toward $100 and sent BTC near $63,316.
According to NS3.AI, Oilprice.com data showed Brent crude at $97.15 and WTI at $94.61 after gains of about 4.5%.
CryptoQuant analyst Axel Adler said futures open interest fell 6% during the bounce. 10x Research cautioned that the move should not be mistaken for a recovery, describing it as a potential relief rally rather than a sustained turnaround.
Bitcoin Slips Toward $63,316 as Israel-Iran Tensions Lift Oil Prices Near $100
2026-06-08 10:46:58
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