Bitcoin and ether slide as hawkish Fed overshadows Trump's Iran peace deal

Crypto fell broadly as the Fed's hawkish stance on inflation outweighed the market-lifting Iran peace deal. Bitcoin dropped 3% to ~$63,900, ether fell 3.4%, and analysts expect rangebound trading between $60K-$70K absent a major catalyst.

• Bitcoin fell 3% to ~$63,900, ether dropped 3.4% to $1,733, and solana lost 3.6% to $71
• Fed held rates at 3.5%-3.75% but signaled higher-for-longer policy, with some officials floating possible rate hikes
• Trump signed an interim Iran peace deal that lifted stocks, but crypto did not catch that bid
• Analysts expect bitcoin to trade in the $60K-$70K range until a catalyst like the CLARITY Act or further de-escalation emerges

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