Bitcoin fell back below $65,000 late Sunday after briefly climbing to $65,400, mirroring a softer tone across U.S. stock futures as investors weighed diplomatic developments between the United States and Iran. At 9:22 p.m. EDT, Bitcoin traded at $64,979.73, up 0.10% over 24 hours, while Ethereum was down 0.10% at $1,914.85, XRP fell 0.52% to $1.03, Solana rose 1.17% to $76.72, and Dogecoin slipped 0.70% to $0.06974. The global crypto market cap stood at $2.21 trillion, down 0.10% in 24 hours. Trading was volatile, with Bitcoin volume rising 11% and more than $160 million in liquidations across the market, including $113 million in bearish short positions, Coinglass data showed. Bitcoin open interest rose 0.53%, while retail and whale derivatives traders on Binance remained net long. Market sentiment stayed in the "Fear" zone on the Crypto Fear & Greed Index. On the policy front, Senate Majority Leader John Thune filed to advance the CLARITY Act, setting up a Senate vote on the crypto legislation after the chamber returns from its August recess in September. Analysts also highlighted technical levels to watch, with Michaël van de Poppe calling $65,800 a critical breakout point and Ardi projecting a potential cycle peak of $184,000 to $230,000 if $57,000 holds as Bitcoin’s cycle floor.