Crypto Market Today, July 13: Crypto Slides on Renewed Inflation Fears
On July 13, 2026, oil prices spiked amid geopolitical tensions, triggering a broader risk-off move that pulled digital assets lower across the board.
Overview
As of early evening on July 13, Bitcoin (CRYPTO:BTC) fell 3.3% to $62,049.20, Ethereum (CRYPTO:ETH) fell 2.9% to $1,766.39, and Solana (CRYPTO:SOL) fell 3.4% to $$74.87.
Crypto traded lower as renewed U.S.-Iran hostilities pushed oil higher and added to inflation worries. High inflation may prompt the Federal Reserve to raise interest rates, which tends to put pressure on high-risk assets like cryptocurrencies. Investors will be watching Consumer Price Index data and Fed Chair Kevin Warsh’s congressional testimony this week carefully.
Details
Last week, spot Bitcoin ETFs ended their eight-week losing streak, as net inflows turned positive. The iShares Bitcoin Trust ETF saw $86.8 million in inflows on Friday. The picture is similar for Ethereum ETFs, with the iShares Ethereum Trust ETF gaining $16.2 million as institutional funds started to flow back into crypto ETFs.
Source
Originally published at www.fool.com.