Morning Edition · Monday, July 13, 2026Published at 1:24 AM EDT · New York

Bitcoin Holds Near $63,800 as Fourth Round of US Strikes on Iran Moves Other Markets

Gold, oil, stocks and bonds reacted sharply to the escalation and Tehran's renewed closure of the Strait of Hormuz, while Bitcoin and ether were little changed.

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Bitcoin Holds Near $63,800 as Fourth Round of US Strikes on Iran Moves Other Markets

The United States struck Iran for the fourth time this week, and Tehran said it had again closed the Strait of Hormuz, yet Bitcoin held near $63,800 with only fractional moves, CoinDesk reported. Oil, gold, equities, and bonds all moved sha…

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Part of a tracked trend

Spot-ETF Flows Set the Marginal Crypto Price

Creation and redemption in spot Bitcoin and Ether exchange-traded funds have become the marginal price-setting flow for the two largest crypto assets, so allocation decisions at a small number of asset managers transmit macro conditions into crypto faster than on-chain fundamentals do.