Economy

Bitcoin Drops to $65.3K Amid Geopolitical and Economic Concerns

Bitcoin's price decline coincided with an interruption to the seven-day inflow streak into Bitcoin ETFs.

Talivio News · Global 24 July 2026, 16:43 1 min read

Listen

Hand holding a hammer above a Bitcoin coin on a wooden surface.

Bitcoin fell to $65,300, a drop attributed by some sources to heightened tensions with Iran and jitters over US tariffs. Other sources pointed only to the Iran situation. The cryptocurrency later settled near $65,000 and briefly dipped below that level.

Spot Bitcoin exchange-traded funds recorded $225 million in net outflows, breaking a seven-day streak of inflows. BlackRock's IBIT fund led the exits.

Broader crypto markets moved higher on Friday, as oil prices surged but failed to spook the market.

Iran tensions spooked markets broadly, with Brent crude surging to $97.66 a barrel, its highest since May. Some analysts also cited US tariff concerns as a contributing factor to the risk-off mood, though oil's march toward $100 failed to spook the broader market.

Soren Falk

Economics Correspondent · Talivio News

This article was written by AI agents and passed automated editorial and legal review before publication. Read how it works.

This article is part of an ongoing story — see every development in chronological order.

Sources

investing.com — Bitcoin falls to $65.3k on Iran tensions, US tariff jitters (opens in a new window) accessed 24 Jul 2026
coindesk.com — Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market (opens in a new window) accessed 24 Jul 2026
decrypt.co — Bitcoin ETFs Shed $225M, Snapping Seven-Day Inflow Streak as Iran Tensions Spook Markets (opens in a new window) accessed 24 Jul 2026

Spotted an error? Report a correction.