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Bitcoin holds above $60K as $197M inflows end 8 weeks of ETF withdrawals amid Middle East tensions.

Market News
13 Jul 2026
Crypto news
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Neutral
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Bitcoin price stayed near $62,800, holding above the $60,000 support level despite a 1.5% dip amid renewed U.S.-Iran conflict that spiked oil prices and market volatility. Spot Bitcoin ETFs saw $197 million inflows, reversing eight weeks of net withdrawals, signaling renewed investor interest but resistance remains near $65,000. The geopolitical tensions have impacted traditional markets sharply, but Bitcoin's reaction was more muted, with technical indicators showing cautious recovery. Investors will watch ETF demand, exchange liquidity, oil prices, and upcoming Federal Reserve decisions for Bitcoin's next move.

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