Bitcoin near $64,000 Thursday as crypto holds up against falling gold

The crypto market held up on Thursday, 16 July 2026, even as global gold slid. Per Yahoo Finance, bitcoin opened the day near $64,720 (about 0.4% below Wednesday) and eased to around $64,066 by morning US trading. By Thursday evening Tehran time it was trading near $64,085, roughly 1.4% below the prior day. Ethereum outperformed, opening near $1,917, about 1.5% higher.

That resilience came as spot gold fell nearly 2% the same day to below $4,000 and silver stayed under $58. Crypto analysts attribute this week's steadiness to softer US inflation data, which opened more room for risk assets.

For Iranian savers, Tether is the main gateway to the global crypto market, and moves in bitcoin and stablecoins track this dollar-denominated market.