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Bitcoin slips below $64K amid US-Iran tensions and tech sell-off, eyes $65K recovery level.

Market News
20 Jul 2026
Crypto news
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Bearish
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Bitcoin price dropped below $64,000 due to renewed US-Iran tensions, volatile oil prices, and a tech sell-off linked to China's Kimi K3 launch. The cryptocurrency must reclaim $65,047 to confirm a sustained recovery toward $67,000, while a break below $62,708 could lead to further declines toward $60,000. Middle East conflicts and concerns over cheaper Chinese AI models have increased market risk aversion, impacting Bitcoin and tech stocks alike. Investors are watching key support and resistance levels closely amid ongoing geopolitical and market uncertainties.

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