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Bitcoin falls 1.8% amid US-Iran tensions and rising oil prices, while AI investment leads market focus.

Market News
13 Jul 2026
Blockonomi
View Source
Bearish
pluang ai news

Bitcoin dropped 1.8% to around $62,853 following renewed US-Iran military clashes near the Strait of Hormuz, which also pushed oil prices above $74 per barrel. The geopolitical tensions caused investors to flee riskier assets, impacting equities and cryptocurrencies alike. Despite these conflicts, Wall Street's main focus remains on artificial intelligence investments, which continue to drive market optimism. Upcoming economic data and corporate earnings will be closely watched for further market direction.

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