Cryptocurrency markets experienced a downturn on July 13, 2026, as profit-taking and rising geopolitical tensions in the Middle East affected investor sentiment. Bitcoin, which had been near $61,565 during the strong period earlier in the month, faced pressure alongside other major cryptocurrencies. Ethereum, which had posted a 6.4% rise to $1,719, also experienced a pullback. The recent price declines are attributed to a risk-off reaction, with market participants securing gains following a rally spurred by spot Bitcoin ETF inflows and dovish indications from the Federal Reserve. The geopolitical strain between Iran and Israel contributed to the risk aversion, mirroring past patterns during similar…