Woofun AI reports that Bitcoin is trading near $62,172, down roughly 3.1% after swinging between an intraday high of $64,273 and a low of $61,794. Three catalysts arrive within the next 24 hours: June CPI at 8:30 a.m. ET Tuesday, Fed Chair Kevin Warsh's semiannual testimony before Congress at 10:00 a.m. ET, and the start of US military enforcement of a blockade against Iranian shipping at 4:00 p.m. ET. Core inflation is expected near 2.8%-2.9% year over year. Oil prices rose over 9% on July 13, with Brent closing at $83.30 and WTI at $78.14, as the blockade intensifies worries about shipping through the Strait of Hormuz. Treasury yields rose and the dollar firmed. If core CPI meets consensus, Warsh avoids validating a near-term hike, and blockade enforcement remains limited to Iranian-linked shipping, yields and the dollar may ease, allowing Bitcoin to reclaim ground above Monday's range. Conversely, a hot core print or broader disruption could push July hike odds higher, pulling yields and the dollar up, potentially dragging Bitcoin back toward the $60,000 level.