Bitcoin fell below $65,000 on Thursday, hitting three-day lows of $64,799 on Bitstamp as US markets declined amid escalating US-Iran tensions. Brent crude oil topped $100 per barrel, its highest since early June, while US 10-year bond yields reached 18-month highs, signaling growing economic strain. The S&P 500 fell 1.2% and the Nasdaq shed 2.2% by the New York close. The probability of a Federal Reserve rate hike in July climbed to nearly 40%, up from 12% a week prior, traditionally a headwind for crypto markets. Analysts are divided: some anticipate the relief rally ending by July with a drop below $65,000, while others target the $68,000 resistance level that could open the way to $73,000.
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