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
- “Here’s what happened in crypto today” — CoinTelegraph: https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “AI microbusinesses could drive $262B in stablecoin volume by 2033: Swyftx” — CoinTelegraph: https://cointelegraph.com/news/ai-enabled-businesses-freelancers-could-add-262b-in-stablecoin-volumes-swyftx?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto” — CoinDesk: https://www.coindesk.com/markets/2026/07/13/bitcoin-holds-near-usd63-800-as-war-driven-selloff-hits-everything-but-crypto
- “Bank of Thailand targets USDT and cash flows in gray money crackdown” — CoinTelegraph: https://cointelegraph.com/news/thailand-targets-stablecoins-in-latest-laundering-crackdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Bitcoin ETFs draw $197M, snap 8-week outflow streak” — CoinTelegraph: https://cointelegraph.com/news/bitcoin-etfs-draw-197m-snap-8-week-outflow-streak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Robinhood L2 sparks ETH optimism, Saylor ‘muddies waters.’ Hodler’s Digest, July 5-12, 2026” — CoinTelegraph: https://cointelegraph.com/features/ethereum-climbs-as-robinhood-l2-takes-off?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Signs of life?: State of Crypto” — CoinDesk: https://www.coindesk.com/policy/2026/07/12/signs-of-life-state-of-crypto
- “Strategy’s Saylor needs clarity in BTC pivot message to convince investors: StanChart” — CoinTelegraph: https://cointelegraph.com/news/strategys-saylor-needs-clarity-in-btc-pivot-message-to-convince-investors-stanchart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic” — CoinDesk: https://www.coindesk.com/markets/2026/07/12/stablecoin-market-cap-has-shrunk-by-usd10-billion-since-may-but-analyst-sees-no-reason-to-panic
- “Pakistan crypto chief seeks dialogue after scholar rules against crypto payments” — CoinTelegraph: https://cointelegraph.com/news/pakistan-crypto-chief-dialogue-islamic-ruling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- “Bitcoin is nearing a power law support line Fidelity has tracked since 2015” — CoinDesk: https://www.coindesk.com/markets/2026/07/12/bitcoin-is-nearing-a-power-law-support-line-fidelity-has-tracked-since-2015
- “Cambridge study puts Ethereum near lower end of PoS energy intensity” — CoinTelegraph: https://cointelegraph.com/news/ethereum-pos-energy-intensity-cambridge-study?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Not financial or professional advice.