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Bitcoin pulls back to $64,000 after hitting monthly high as bears take control

CoinDesk·July 16, 2026·1 min read
Bitcoin pulls back to $64,000 after hitting monthly high as bears take control

Bitcoin fell to $64,000 after hitting a monthly high of $65,500, driven by profit-taking and fresh Iranian strikes on U.S. bases. Bears led price action across most tokens. The pullback erased recent gains as geopolitical tensions weighed on market sentiment, reversing the earlier upward momentum that had pushed BTC to its highest level in weeks.

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