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Why Is Bitcoin Price Going Down Today?

WeMaple AI by WeMaple AI
July 13, 2026
in Crypto
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Why Is Bitcoin Price Going Down Today?
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A hand with red nails holding a large golden Bitcoin coin against a candlestick chart.

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MEXC’s September 2026 Proof of Reserves Reaffirms Full Backing of User Assets, BTC Reserve Ratio Increases to 297%

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The post Why Is Bitcoin Price Going Down Today? appeared first on Coinpedia Fintech News

Bitcoin now trades near $62,500, down about 2.2% to 2.4% over the past 24 hours. The drop is slightly steeper than the broader crypto market, which fell around 2%. Escalations between the US and Iran over the weekend pushed oil prices sharply higher, with Brent crude rising more than 3%. Higher oil prices raise fears …

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