Bitcoin stays muted against the war, near $63,400 while gold and oil swing

Bitcoin traded near $63,400 on Monday, July 13, 2026, down about 1 percent, while Ethereum sat around $1,807. Unlike gold, oil, equities and bonds, which swung sharply after a fourth round of US strikes on Iran, the crypto market held in a narrow range.

According to CoinDesk, Bitcoin's muted reaction to the war headlines marks a shift in the asset's behaviour; per the analysis, Bitcoin now moves more with dollar liquidity and the technology-equity cycle than with West Asia military tensions. The point matters for Iranian tether and crypto traders, as it shows the global market's swings on tense days do not necessarily follow war news.