Bitcoin near $64,000 Thursday as crypto holds up against falling gold
Jul 16, 2026
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.
Source
Yahoo Finance
Related news
Bitcoin hit a two-week high near $65,500 on Tuesday; Ethereum topped $1,900
The cryptocurrency market rose on Tuesday, 21 July 2026. Bitcoin gained about 0.8 percent to a two-week high near $65,500, and Ethereum rose about 1.5 percent to move above $1,900. According to CoinDesk, the advance came alongside a rebound in Asian chipmaker stocks and improving risk appetite in markets. Despite the price gains, the crypto Fear and Greed Index remained in extreme fear territory at 25. U.S. spot bitcoin exchange-traded funds have logged five straight trading days of inflows totaling more than $600 million. Traders view the Federal Reserve's late-July meeting as the next test for the market. In Iran's domestic market, tether is the main reference for crypto trading and moves in step with the free-market dollar rate.
CoinDesk · Jul 21, 2026
Standard Chartered: 2026 is the year of Ethereum; renews $100,000 bitcoin year-end target
Standard Chartered said in a new report that it believes 2026 will be "the year of Ethereum" and expects ether to outperform bitcoin, citing Ethereum's role in stablecoins, tokenized real world assets and decentralized finance. The bank reaffirmed its $100,000 year-end 2026 target for bitcoin, but cut its end 2026 ether target to $7,500 from $12,000, while raising its longer term outlook and lifting its end 2030 target to $40,000. The comments circulated on 19 and 20 July 2026. The crypto market matters to Iranian traders through tether and bitcoin.
The Block · Jul 20, 2026
Bitcoin holds near $64,600 on Monday as Iran's tether eases with the dollar
Bitcoin held near $64,600 on Monday, 29 Tir 1405 (July 20, 2026), trading in a narrow range with a small daily gain of about 0.2 percent. In Iran's domestic market, the price of tether eased alongside the retreat of the dollar in the open market, slipping to around 189,000 tomans, roughly 2 percent lower than the previous day. A calmer currency market has reduced selling pressure on widely used domestic cryptocurrencies such as tether. Iran's local crypto pricing remains tied more to the open market dollar than to the global trend.
اقتصادنیوز · Jul 20, 2026
Tether freezes about $131 million in crypto linked to Iran's central bank
After the US Office of Foreign Assets Control (OFAC) added four wallets tied to Iran's central bank to its sanctions list on 14 July 2026, Tether froze about $131 million of USDT stablecoin held in those wallets. According to published reports, the move brought the total blocked USDT linked to Iran's central bank to roughly $475 million. Because Tether controls the USDT contracts, it can block an address and halt transfers of its tokens, even though the balance remains visible on the public blockchain. The sanctions followed the collapse of the ceasefire and the resumption of strikes.
Decrypt · Jul 19, 2026