Resurgent U.S.-Iran hostilities send bitcoin lower even as ETF flows show demand

Your day-ahead look for July 13, 2026...
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Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed....

Profit-taking, MidEast hostilities drag crypto lower after bullish week
Bitcoin fell 1% to $63,100 as Middle East tensions between Iran and the U.S. triggered profit-taking across risk assets. LIT slumped 8% after rallying 200% in two months. South Korea's Kospi dropped 9.2%, while $253 million in crypto leveraged positions liquidated. Derivatives positioning remained stable, suggesting measured market confidence despite geopolitical headwinds affecting Indian crypto investors' portfolios.

U.S. inflation, second-quarter earnings reports: Crypto Week Ahead
U.S. inflation data and bank earnings this week will shape Bitcoin's direction, with softer CPI potentially supporting rate cuts and stronger readings risking drops below $60,000. Ethereum's Glamsterdam upgrade testing and Solana's JTX app launch highlight ongoing developments. Macro events, Iran tensions, and China's GDP report add volatility. Multiple DAOs vote on governance measures while ARB and DBR unlock substantial token supplies, affecting market dynamics.