Bitcoin (CRYPTO: $BTC) ended the week on a down note as a tentative recovery stalled after the U.S. Federal Reserve signaled that interest rates are likely to rise in coming months. 

BTC was trading right around $63,000 U.S. on June 19, down from $65,000 U.S. at the start of the week. Crypto prices got a boost earlier this past week after the U.S. and Iran agreed to a peace deal and crude oil prices fell below $80 U.S. per barrel.

However, analysts say that Bitcoin and other cryptocurrencies, such as Ethereum (CRYPTO: $ETH) and XRP (CRYPTO: $XRP), are now reacting to the U.S. central bank turning hawkish on interest rates. 

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