Rubio Keeps Iran Door Ajar, $BTC Wedges Itself Back Into the $65K Lobby 🪙

Bitcoin climbed toward $65,000 on Monday even as US-Iran hostilities intensified, with US Central Command (CENTCOM) confirming another wave of strikes against Iran, marking the ninth consecutive night of operations targeting Iranian military assets in and around the Strait of Hormuz. US forces continued efforts to degrade capabilities used to attack commercial vessels and civilian mariners transiting the waterway, according to CENTOM's statement.

The price move came as Secretary of State Marco Rubio said the United States remains open to a diplomatic resolution with Iran despite the escalation and the deaths of three US service members. Rubio, however, drew a firm line, stating, "as long as Iran insists on controlling an international waterway, we're going to have to respond." His comments were relayed via his official @SecRubio account.

Spot Bitcoin ($BTC) held firmly near the $65,000 mark during US trading hours, supported by ongoing inflows into US-listed Bitcoin exchange-traded funds. Market participants cited the combination of Rubio's conciliatory tone on negotiations and continued ETF demand as factors underpinning the bid, while avoiding direct comment on the broader geopolitical trajectory.

The strikes, now in their ninth consecutive night, represent an extended campaign aimed at what US officials describe as Iranian forces targeting commercial shipping in the Strait of Hormuz. The escalation has coincided with rising oil-related risk premiums across traditional markets, though Bitcoin's reaction has remained measured relative to prior Middle East flashpoints this year.

As of publication, $BTC was trading near $65,000, with no official confirmation from either Washington or Tehran of a new round of diplomatic talks. Rubio's public posture suggests channels remain technically open, even as combat operations continue.