Equities Edge Higher as Precious Metals Surge; Crypto Retreats on Profit-Taking
U.S. stocks post modest gains led by industrials, gold jumps nearly 2%, while Bitcoin and Ethereum pull back after strong ETF inflow week.
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U.S. stocks post modest gains led by industrials, gold jumps nearly 2%, while Bitcoin and Ethereum pull back after strong ETF inflow week.
Equities edge higher, gold surges 1.95%, and crypto rips on expanded Treasury operations that pulled long-term yields off 19-year highs.
Oil prices spiked on 2026-07-13 after reported US strikes on Iran, and Bitcoin fell as investors reassessed inflation and rates, Bloomberg reported. The episode underscores bitcoin macro sensitivity to energy-led shocks and policy repricing.
Bloomberg reported on July 13, 2026 that Bitcoin weakened as oil prices spiked following fresh US attacks on Iran, reviving inflation concerns and a risk-off tone. The move reprices the path of rate cuts and real yields, a known pressure point for crypto.
Bloomberg reports US banks are coordinating on shared payments infrastructure modeled on Zelle. The outcome will hinge on governance, access, and interoperability that can rival on-chain use of USDT and USDC.
The company fortified liquidity with a $467 million equity raise while keeping its bitcoin stack intact. The near‑term debate shifts to dilution versus balance‑sheet optionality.