Bitcoin has returned from the vicinity of $65,000 to $62,000 within the last 24 hours, slowing down the encoded assets as a whole. The CoinGecko data show that bitcoin fell by 4.5 per cent in seven days and by 18 per cent in a month.

This turnback is not a single factor driving it. The market, on the one hand, is under interest rate pressure from higher-than-anticipated inflation in the United States and, on the other hand, is absorbing the impact of renewed tension on the situation in the Middle East on risk preferences.

Prices are falling again.

It was reported that Bitcoin had risen to $82,000 on 6 May, and that there had been a rebound in the market. The short duration of the round, followed by a re-winding of prices, reflects the continued cautious attitude of funds towards high-risk assets.

At the rhythm, the encryption market has been lacking in sustained mobility since October 2025. The rise in macro-uncertainities and the recurrence of geo-conflicts during the period made it difficult for a stable rebound in the market.

Inflation and expected pressure on interest rates

In the United States in May 2026, CPI exceeded market expectations and inflation reached 4.2 per cent. Against this background, the Federal Reserve maintained interest rates, but the market ' s concern for a further increase in interest rates during the year rose.

For encrypted assets, higher interest rates usually mean higher financing costs and risk asset valuation pressures. Bitcoin and other encrypted assets continue to be pushed.

  • Bitcoin, from about $65,000 to $62,000 in 24 hours.
  • Nearly 7 drops to 4.5% a day.
  • Nearly 30 drops to 18% a day.

The situation in the Middle East affects risk preferences

In addition to macro factors, changes in the situation in the Middle East are affecting market sentiment. The report stated that the United States and Iran had announced last week a possible peace agreement, but that Trump had subsequently made a threatening statement and that the Israeli attacks on Lebanon were continuing, again casting a shadow over the prospects for a ceasefire.

Markets are concerned that once the conflict escalates, the energy supply may be further disturbed and push further inflationary pressures. This expectation suppresses the performance of risky assets, including encrypted assets.

Overall, the current market is still trading two main lines simultaneously: the path of inflation and interest rates in the United States and the continuation of the Middle East conflict. Until these two pressures are eased, it is likely that the encryption market will remain vulnerable in the short term.