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Edition 2026-07-13

CRYPTO

Bitcoin Holds Near $63,800 as Gold, Oil and Bonds Fall After U.S. Strikes on Iran

Bitcoin held near $63,800 on July 13 while gold, oil, equities and Treasuries fell after the United States carried out a fourth round of strikes against Iran.

By coindesk · 46d ago · Source: coindesk

Full article

Bitcoin held near $63,800 on July 13 while gold, oil, equities and Treasuries fell after the United States carried out a fourth round of strikes against Iran. The strikes raised concerns that a wider conflict could keep oil prices elevated and prompt the Federal Reserve to maintain higher rates for longer, weighing on gold and bond markets. Spot gold slipped up to 1.6% to around $4,050 an ounce; Brent crude rose about 4% to above $79 per barrel; the two‑year Treasury yield rose to its highest level since February 2025; and MSCI's Asia Pacific index dropped 1.6%. Bitcoin was down 0.3% in the last 24 hours but up 2% for the week; Ether remained near $1,800, up about 2% week‑over‑week; Solana fell 5% over seven days, while XRP stayed at $1.09 and Dogecoin hovered near $0.07. SK Hynix shares dropped 12% in Seoul after a 13% gain in its U.S. listings, pulling the Kospi down 7%. Crypto's limited response to the geopolitical shock differs from earlier periods when Middle East tension triggered more pronounced moves, indicating that price action now follows dollar liquidity and chip‑related equity trends. Future price direction will depend on Federal Reserve policy and oil price developments.

Source transparency

Publisher
coindesk
Reliability
high
Published
7/13/2026, 10:00:36 AM
Retrieved
7/13/2026, 10:00:36 AM
Relevance
80%
Confidence
85%
Read original at coindesk

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