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Bitcoin steady near $64,200; Brent crude jumps 4% amid US-Iran tensions; chip stocks enter bear market.

Market News
20 Jul 2026
Blockonomi
View Source
Neutral
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Bitcoin held steady around $64,200 with a weekly gain of 3%, while Brent crude oil surged nearly 4% above $90 per barrel due to escalating US-Iran military conflicts. Semiconductor stocks officially entered bear market territory after a 20% drop since late June, triggered by a breakthrough Chinese AI model launch. Major tech companies like Alphabet, Tesla, and Intel are set to report earnings this week, which could impact AI sector momentum amid ongoing market uncertainty.

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Shiba Inu edges up, Ethereum nears $2,000 test, Bitcoin eyes $68,000 rally amid growing market momentum.

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Cryptocurrency markets display varied price changes, with Bitcoin trading above $65,600, up nearly 2%, and Ethereum rising about 2.7%. Several altcoins such as UNI, PI, and LDO show significant gains, reflecting ongoing investor interest and market v...

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