Crypto Market Today, July 13: Crypto Slides on Renewed Inflation Fears
As of early evening on July 13, Bitcoin (CRYPTO:BTC) fell 3.3% to $62,049.20, Ethereum (CRYPTO:ETH) fell 2.9% to $1,766.39, and Solana (CRYPTO:SOL) fell 3.4% to $$74.87.
What's driving crypto markets
Crypto traded lower as renewed U.S.-Iran hostilities pushed oil higher and added to inflation worries. High inflation may prompt the Federal Reserve to raise interest rates, which tends to put pressure on high-risk assets like cryptocurrencies. Investors will be watching Consumer Price Index data and Fed Chair Kevin Warsh’s congressional testimony this week carefully.
Crypto ETF snapshot
Last week, spot Bitcoin ETFs ended their eight-week losing streak, as net inflows turned positive. The iShares Bitcoin Trust ETF saw $86.8 million in inflows on Friday. The picture is similar for Ethereum ETFs, with the iShares Ethereum Trust ETF gaining $16.2 million as institutional funds started to flow back into crypto ETFs.
What this means for investors
Until today, it looked like Bitcoin might shake off a disastrous June, staying above the psychologically important mark of $60,000, although investors remained cautious. Today’s slip shows sentiment is fragile, and any macro shocks can derail even a tentative recovery.
Solana, which had bucked the downward trend of other cryptos last month, dipped after it failed to break out above $80. Reports that Phantom wallet users were having difficulties did not help, as the wallet is a key way to interact with the Solana blockchain. Meanwhile, Bitmine Immersion Technologies increased its Ethereum holdings — the firm now holds 4.8% of Ethereum in circulation, showing the firm remains confident about the second-biggest coin.
Top 10 crypto performance
| # | Name | Price | 24h | 7d |
|---|---|---|---|---|
| 1 | Bitcoin (BTC) | $62,127.00 | -3.2% | -2.5% |
| 2 | Ethereum (ETH) | $1,769.17 | -2.7% | -1.2% |
| 3 | Tether (USDT) | $0.9990 | -0.0% | -0.0% |
| 4 | BNB (BNB) | $564.95 | -2.4% | -3.3% |
| 5 | USDC (USDC) | $0.9999 | +0.0% | -0.0% |
| 6 | XRP (XRP) | $1.06 | -3.2% | -7.4% |
| 7 | Solana (SOL) | $75.05 | -3.2% | -8.5% |
| 8 | TRON (TRX) | $0.3256 | -1.7% | -0.9% |
| 9 | Figure Heloc (FIGR_HELOC) | $1.03 | +1.9% | +0.0% |
| 10 | Hyperliquid (HYPE) | $63.31 | -6.9% | -11.3% |
Ranked by market cap. Data: CoinGecko, as of July 13, 2026 20:17 UTC.
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Emma Newbery has positions in BNB, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Hyperliquid, Solana, XRP, and iShares Bitcoin Trust. The Motley Fool recommends BNB and TRON. The Motley Fool has a disclosure policy.
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