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Bitcoin dips below $65K as Iran rejects US peace talks amid rising military tensions.

Market News
15 Jul 2026
Crypto news
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Bearish
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Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, prioritizing defense efforts. Recent US military strikes targeting Iranian capabilities near the Strait of Hormuz have escalated tensions, overshadowing earlier positive market reactions to softer US inflation data. Prediction markets show only a 25% chance of peace talks resuming this month, keeping markets wary of further conflict-driven volatility.

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