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Bitcoin trades at $64,136 on Saturday as institutional investors extended their buying through U.S. spot cryptocurrency exchange-traded funds, offsetting mixed performance across the broader digital asset market.

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Donald Trump's latest Truth Social post on the Iran war has renewed fears across global markets, sending investors away from riskier assets such as Bitcoin. As Iran war updates continue to unfold, analysts say the Bitcoin price could face additional selling pressure before its next major rally.

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XRP demand weakened across three fronts in early July as on-chain activity, futures positioning, and spot ETF flows all cooled.

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Bitcoin's long-term resilience is once again under scrutiny after former Meta software engineer and content creator TechLeadHD argued that the world's largest cryptocurrency faces two unresolved structural risks: the eventual impact of quantum computing on wallet security and the gradual decline of miner incentives as block rewards continue to shrink.