Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100

- Bitcoin’s $65k support is crumbling under the weight of geopolitical theater. Trump’s threats to Iran have sent oil above $100, triggering a classic risk-off retreat. Higher energy costs mean sticky inflation, which keeps the Fed’s hands tied and Treasury yields climbing to 4.7%. Bitcoin, usually the "digital gold," is acting more like a leveraged tech stock in a liquidity crunch. Spot ETF flows reversed after a brief honeymoon, dumping $225M in a single day. Meanwhile, on-chain data shows spot demand is flat while futures traders are still gambling on a rebound that higher rates might vaporize. It’s not just market mechanics; it’s macro friction. If the Red Sea stays blocked, oil stays high, yields stay punishing, and BTC stays suppressed. Don’t blame the chart; blame the supply chain. Where's my cut for predicting this disaster?