BIST10013.943,87▼ 0.00%Memecoin Frenzy Ends as Bitcoin and Institutions Crush the Meme Coin CrazeUSD/TRY47.5439▲ 0.20%BIST 100 Weekly Performance: Gold and Forex Movements Reflect in MarketEUR/TRY54.0184▲ 0.30%Gold Prices on July 24, 2026: Below $4,100 as Markets Weigh Rate Risks and Geopolitical TensionsBTC/USD$64,153.7▼ -0.98%New Party's Political Strategy: Mansur Yavaş's Status and Founding ProcessGOLD6.204,01▲ 0.15%Copper's Quiet Surge: Data Centers and AI Fuel DemandBRENT$96.15▼ 0.00%UK’s 120 Millionaires Push for Higher Taxation, How Markets Will React?U.S. Manufacturing Sector Hits 4-Month Low: Supply Chain Pressures and Growth RisksBIST10013.943,87▼ 0.00%Memecoin Frenzy Ends as Bitcoin and Institutions Crush the Meme Coin CrazeUSD/TRY47.5439▲ 0.20%BIST 100 Weekly Performance: Gold and Forex Movements Reflect in MarketEUR/TRY54.0184▲ 0.30%Gold Prices on July 24, 2026: Below $4,100 as Markets Weigh Rate Risks and Geopolitical TensionsBTC/USD$64,153.7▼ -0.98%New Party's Political Strategy: Mansur Yavaş's Status and Founding ProcessGOLD6.204,01▲ 0.15%Copper's Quiet Surge: Data Centers and AI Fuel DemandBRENT$96.15▼ 0.00%UK’s 120 Millionaires Push for Higher Taxation, How Markets Will React?U.S. Manufacturing Sector Hits 4-Month Low: Supply Chain Pressures and Growth Risks

CryptoJuly 24, 2026 at 07:09 PM

Bitcoin Hovers Near $65K as Oil Prices Climb Toward $100: What Markets Are Watching

724FinanceDeniz Arel

Bitcoin Hovers Near $65K as Oil Prices Climb Toward $100: What Markets Are Watching

Bitcoin is trading near $65,760, up 1.1% since midnight UTC, as Brent crude futures hit $97.66 per barrel, the highest since mid-May. While the Iran conflict has heightened tensions, the crypto market remains broadly positive, with Ether (ETH) rising 1.6%. Alternative coins like HYPE and FET also surged over 2%. Traditional markets show muted activity, with S&P 500 and Nasdaq 100 futures marginally higher, and gold holding above $4,000. The Dollar Index has edged lower. Binance retains ~55% of user funds and ~24% of the spot market share, drawing net inflows in early July.

The crypto market's resilience amid rising oil prices and stable traditional markets suggests growing institutional confidence. Binance's net inflows may reflect increased institutional interest in the space.