Bitcoin diverges from falling oil and US dollar strength to approach its highest levels of July so far ahead of a showdown with "crucial" $65,000 resistance.

Bitcoin faces pressure as oil prices rise 13% amid US-Iran tensions. Oil reaching a new all-time high by December 31 at 10.5% YES.

Bitcoin sellers return as markets react to the failure of the US-Iran ceasefire and Hormuz closure threats, sending oil past $75 per barrel.