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NEWSJUL 16, 2026
Bitcoin Retreats From Monthly High as Iran Strikes and Profit-Taking Pressure Crypto
Bitcoin fell back toward $64,000 after touching a monthly high of $65,500, as traders locked in gains and fresh Iranian attacks on U.S. military bases in the Gulf weighed on risk appetite. Derivatives data showed bears driving activity across many tokens, while MORPHO stood out with a gain against the broader market slide.