In crypto news today (July 13), Bitcoin has fallen -1.5% overnight and begins this Monday trading session at around $62,900. Losing support at $63,000 is crucial; if it is not reclaimed within the next 24 hours, a further drop toward $60,000 looks likely.

Yesterday marked a second consecutive day of negative ETF flows for Bitcoin, following a three-day stretch that saw more than $500M in inflows. July 9 saw $95M in Bitcoin sold across various funds, with $63M of that from Fidelity’s FBTC ETF.

While the majority of tokens are down today and the total crypto market cap has dropped by -1%, Zcash (ZEC) and Monero (XMR) are two notable projects in the green, with both privacy-focused tokens up around +1%.

The Fear & Greed Index has made yet another push to exit ‘Extreme Fear’ territory, climbing to 28/100, which puts it in ‘Fear’. Whether this figure can hold amid the rising tension in the Middle East remains to be seen.

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Alex Ioannou

On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging “meta” trends and high-volatility narratives. Notably, Alex…
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