Crypto Daily Brief — 2026-07-13: BTC steady as ETF flows return; ETH optimism, stablecoin shifts, regulatory heat

Updated: 2026-07-13 (UTC)

Market snapshot

  • Bitcoin held near $63,800 on July 13, 2026, and was largely unchanged despite a broader war-driven selloff that hit gold, oil, stocks and bonds (CoinDesk).
  • Bitcoin ETFs drew $197 million, snapping an eight-week outflow streak, though analysts cautioned against calling this a clear institutional-demand recovery (CoinTelegraph).
  • Fidelity has identified a long-term power-law support area that BTC is approaching; some call it an accumulation zone but note a lack of a clear catalyst for a bounce yet (CoinDesk).

Ethereum and infrastructure

  • Optimism around Ethereum has increased amid momentum for Robinhood’s Layer 2, which many see as bullish for ETH despite some vocal critics (CoinTelegraph).
  • A Cambridge analysis estimated Ethereum’s annual energy consumption at 7.87 GWh and placed it near the lower end of proof-of-stake networks on market-value-adjusted energy intensity (CoinTelegraph).

Flows, stablecoins and macro

  • The broader stablecoin market cap has contracted by about $10 billion since May, with roughly $7.7 billion of that decline occurring in June (CoinDesk).
  • Separately, Australian exchange Swyftx projected that AI-native microbusinesses and gig-economy use-cases could drive up to $262 billion in stablecoin volume by 2033 as firms seek faster, cheaper rails (CoinTelegraph).

Regulation, enforcement and policy

  • Thailand’s central bank has targeted USDT and associated cash flows in a crackdown on so-called “gray money” tied to scam centers and illicit transfers (CoinTelegraph).
  • Pakistan’s virtual-assets regulator has sought continued dialogue after an Islamic scholar issued a ruling against purchases made with crypto (CoinTelegraph).
  • CoinDesk reported that a new draft of the Clarity Act may be released soon, signaling continued policy activity in the U.S.; meanwhile, Standard Chartered warned that Strategy’s Michael Saylor needs clearer messaging around any BTC pivot to convince investors (CoinDesk; CoinTelegraph).

Key takeaways

  • BTC resilience: Bitcoin remained near $63.8k even as traditional markets reacted to geopolitical events (CoinDesk).
  • ETF flows: $197M of net inflows into Bitcoin ETFs ended an eight-week outflow streak, but analysts remain cautious (CoinTelegraph).
  • ETH momentum: Robinhood L2 and positive infrastructure signals are supporting ETH sentiment; Cambridge flagged relatively low PoS energy intensity for Ethereum (CoinTelegraph).
  • Stablecoins shifting: Market cap fell ~$10B since May; long-term growth thesis remains, while Swyftx forecasts large future stablecoin volumes from AI microbusinesses (CoinDesk; CoinTelegraph).
  • Regulatory pressure: Enforcement actions (Thailand), religious/legal debates (Pakistan), and upcoming U.S. policy developments keep compliance risk high (CoinTelegraph; CoinDesk).

Sources

Not financial or professional advice.

Sources