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Bitcoin Plummets to $62,000 as U.S.-Iran Conflict Ignites Energy Crisis Fears
July 13, 2026•02:53 PM
Bitcoin tumbled nearly 3% to the $62,000 level, dragging the total crypto market cap down to $2.24 trillion and triggering over $322 million in liquidations. This sudden price drop follows a weekend of heightened geopolitical tension, as clashes between U.S. and Iranian forces threaten to destabilize global markets.
Investors are reacting to the growing threat of a fresh energy crisis sparked by the escalating conflict in the Middle East. As the U.S.-Iran tensions intensify, the resulting market uncertainty is driving significant volatility across the entire crypto landscape, forcing traders to navigate a high-risk environment.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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