Bitcoin drops 5 percent amid stalled Iran talks and persistent oil shock

Bitcoin trades at 63925 dollars after a sharp selloff that exposed holders to losses without triggering capitulation flows. High hashrate and low fees show the network continues operating normally while price absorbs macro pressure from elevated oil and a steep yield curve. The ignored contradiction sits in the mismatch between extreme fear readings and the absence of sustained exchange inflows that would confirm genuine absorption. Exchange balances could tip either way in the next day or two with no clear catalyst to resolve the tension.