Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge

Bitcoin (BTC) fell below $65,000 on Thursday as US stocks slid amid another round of escalation in Iran.Key points:Several days of US-Iran escalation are beginning to take their toll on crypto and stock market performance.Bitcoin sees three-day lows under $65,000 as traders diverge on the near-term outlook.A 21-day moving average trend line becomes important nearby support.Bitcoin wobbles as Iran destabilizes stocks, oil and US bond yieldsData from TradingView showed BTC/USD hitting three-day lows of $64,799 on Bitstamp.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewRisk assets felt the strain on the day as US President Donald Trump warned that he would blame Iran for recent Houthi strikes on Saudi Arabian commercial vessels.In a post on Truth Social, Trump said that he was “very disappointed” in the Houthis, referencing attacks on US ships from 2025.Source: Donald Trump on Truthsocial.comBy the close of New York trading, the S&P 500 had fallen 1.2% and the Nasdaq had shed 2.2%, while oil prices rallied to their highest since early June, with Brent crude topping $100 a barrel.CFDs on Brent crude oil one-day chart. Source: Cointelegraph/TradingView“Inflation expectatio...