Bitcoin and Ethereum open lower but firm through the morning
BTC opened at $62,259 on July 14, down 2.3%, before recovering to $62,865. ETH opened at $1,774, down 1.8%, and edged up to $1,786.
Bitcoin opened at $62,259.16 on Tuesday, July 14, down 2.3% from Monday's open, but firmed through the morning to $62,865.44. Ethereum opened at $1,774.10, down 1.8%, and adjusted up to $1,785.68 by mid-morning Eastern time.
The softer opens followed Monday's slide, when renewed U.S.–Iran hostilities pushed oil prices higher and revived inflation fears — a combination that keeps the Federal Reserve's next move firmly in focus.
Bitcoin remains locked in the $60,000–$65,000 range that has defined July so far, on declining volume. Traders are watching a break above roughly $63,700 for bullish confirmation, while a slip under $61,200 would open the door to further downside.