Bitcoin Holds $65,900 as Trump Threatens Iran Nuclear Strike

Bitcoin held near $65,900 on Wednesday after briefly touching $66,872 intraday, maintaining support above the $65,000 level amid escalating US-Iran tensions. President Donald Trump threatened heavy strikes on Iran's Pickaxe Mountain nuclear site, while Tehran warned such attacks would widen regional conflict and trigger retaliation.

US spot Bitcoin ETFs recorded $226.92 million in net inflows on July 20, marking a fifth consecutive day of positive flows, with BlackRock's IBIT adding roughly $116 million and ARKB about $72.74 million. Large whale wallets holding 1,000 to 10,000 BTC accumulated approximately 48,000 coins over the past month, totaling 3.09 million BTC.