Bitcoin flat near $64,000 as oil hits a one-month high and Kimi AI selloff lingers

Bitcoin hovered around $64,200, roughly flat on the day, as oil prices surged nearly 4% to a one-month high, driven by escalating U.S.-Iran strikes, while the market digested the lingering fallout from Moonshot AI's Kimi K3 model release that sparked a semiconductor sell-off. The cryptocurrency's price is being pulled between the war-driven gains in oil and the equity market's concerns over inflation and rate hikes.