11:53 - 24.07.2026

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July 24, Fineko/abc.az. Bitcoin is declining slightly on Friday under pressure from a worsening risk appetite amid escalating military tensions between the U.S. and Iran, as well as uncertainty surrounding new US trade tariffs.

The broader cryptocurrency market also retreated, losing some of the gains accumulated earlier in the week.

Bitcoin fell 0.5% to $65,463.4 as of 10:36. The world's largest cryptocurrency was expected to gain about 1% by the end of the week after a brief rebound.

The overall losses in the stock markets, caused by the sell-off of shares in high-tech and artificial intelligence companies, also limited interest in cryptocurrencies.