The crypto market opened the week in the red. $BTC bounced back below a level that was widely viewed as a correction US-Iran wars Risky stocks and traders are locked in gains over the weekend. But under the selloff, ETF data just hit a two-month high. Here is a breakdown of crypto news today and what is going on the price of bitcoin.
What is Bitcoin Price Today?
The btc price today it is around $63,000, down about 1.4% in the last 24 hours after falling from a high of $64,300 at the end of the week. The move brought in about $253 million in the closing 24 hours, based on the long run, though the decline was modest — about one-sixth of the market’s one-day spend last month. $Bitcoin has now traded in the $59,000 to $66,000 range for a month, so today’s drop is staying firmly in the established zone and not showing any damage.
Look outside and the picture remains grim: BTC is down nearly 30% year-to-date and more than 50% below its October record.
Why Is Bitcoin Falling Today?
Two forces met at once. First, geopolitics: it caused the US-Iran conflict over the Strait of Hormuz, it pushed the vulnerable people around the world. South Korea’s Kospi index dropped 9.2%, and WTI gained 3% to trade above $73 a barrel as the dispute continued. Second, profit-taking: Bitcoin and the broader market hit the weekend, so Monday’s session is all about catching up with bank traders after a big run.
Which Altcoins Are Hottest Today?
The main damage also came down to risk:
- Light ($LIT): down 8% in its first selloff after a 200%+ two-month rally.
- Cardano ($ADA): down 19% since July 4, after the violent 39% June drop and 40% + early July bounce.
- Jupiter ($JUP): down 15% for the week as daily volume fell to $17 million, compared to a $500 million+ average in 2025.
On the corporate side, Strategy (MSTR) raised $466.7 million through a stock sale last week, raising its capital to $3 billion and keeping its Bitcoin balance unchanged at 843,775 coins.
Are Bitcoin ETFs doing well again?
This is the sign to watch. Spot Bitcoin ETFs posted their first weekly inflows in nine weeks, pulling in about $197 million, according to SoSoValue. This breaks the eight-week output that produced $2.43 billion in May and $4.5 billion in June. July has now brought in $124 million in total revenue so far.
In plain words: after two brutal months of union exits, the tide may be turning. Analysts warn that structural lending remains uncertain until BlackRock’s IBIT sees stable results – but for the first time in a long time, the trend has stabilized.
What Crypto Trends Should Traders Watch This Week?
This is one of the busiest weeks of 2026, and two levers dominate:
- Inflation: June CPI arrives on Tuesday, PPI on Wednesday – two chances to calculate the Fed’s strategy. Soft graphics can encourage the case to be simple, which has been helping Bitcoin.
- Evidence from the Fed Chair Warsh: Kevin Warsh is testifying before the House and Senate this week, his first appearance since May. At the beginning of June he kept prices steady and directed a bullish scheme, sending Bitcoin tumbling – so traders will account for every word.
On legislation, the CLARITY Act reconciliation push continues alongside the July 18 GENIUS Act stablecoin deadline. Everything about the soundness of the financial system comes from the price-uncertainties of the market.
