Bitcoin holds $64,600 as Trump rules out Iran talks

Bitcoin has risen above $64,600 after U.S. President Donald Trump said Washington is not holding talks with Iran, while conflicting claims over the Strait of Hormuz kept oil above $91 per barrel. Summary Bitcoin traded at $64,611 after moving between $64,005 and $64,926 during the session. Trump said no U.S.-Iran talks are underway or scheduled as the conflict enters its sixth month. Iran maintained that the Strait of Hormuz will remain closed until Washington meets its interim commitments. Strategy reported no Bitcoin purchases or sales last week after selling BTC for two consecutive weeks. In an Aug. 18 Truth Social post, Trump said the United States and Iran were not holding discussions and had no negotiations scheduled, contradicting recent reports that diplomatic contacts could produce another temporary agreement. “The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating,” Trump wrote. The president also said all water mines in the strait had been removed or detonated. Iran disputed his account, with chief negotiator Mohammad Baqer Qalibaf saying Tehran would keep the waterway closed until the United States fulfilled conditions contained in ...