Live updates: Bitcoin holds $62,600 as the Iran conflict reignites and CPI looms

▶ CoinDesk Jul 14, 2026 Jul 14 👁 1 views

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Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today's inflation print is the next test. Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today's inflation print is the next test.

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