At the interface between rotating components and the working medium in fluid machinery, cavitation in the liquid is induced. The temperature of the working medium has a significant influence on the cavitation. However, the effect of temperature on the pressure and pressure energy in the collapse of bubbles cannot be explained accurately. This study established cavitation models containing insoluble gases at different temperatures and iron walls. The Transferable Intermolecular Potential 4 Points-Fluctuating Bonds water model and the Reax force field were selected to study the influence of temperature on pressure energy and pressure in the process of bubble collapse. Employing the model, we examined variations in release pressure and the pressure energy associated with bubble collapse within the system at diverse temperatures. This investigation was conducted by establishing 24 monitoring points. The findings revealed that the near-wall single-bubble collapse process could be delineated into four distinct stages: the precollapse stage, the inertia stage, the rebound stage, and the collapse stage. These four stages manifest on both the pressure curve in the simulation and the curve depicting changes in the cavity area during the experimental phase. The influence of temperature on bubble collapse primarily stemmed from its impact on saturation vapor pressure and viscosity. This influence was observed during the precollapse process, where saturation vapor pressure played a dominant role, and in the collapse stage, where viscosity was predominant.