According to Fixygen, the cryptocurrency market is ending the week of July 13–17 at a level close to where it started: Bitcoin is trading at around $63,000, while the total market capitalization of digital assets stands at approximately $2.2 trillion.
As of Friday, Bitcoin was trading at around $63,020, down approximately 1.7% over the past 24 hours. The leading cryptocurrency’s share of the total market capitalization is estimated at 56–58%. Ethereum, Solana, and most other major digital assets were also under pressure. SOL was trading at around $78, and XRP at around $1.06.
On Monday, Bitcoin fell below $62,000 amid a new escalation of the conflict between the U.S. and Iran, rising oil prices, and an exodus of investors from risky assets. After the release of U.S. inflation data, which came in weaker than expected, the cryptocurrency rebounded and rose above $65,500 on July 15, but was unable to sustain the gains.
By the end of the week, pressure on the crypto market intensified due to a sell-off in tech and semiconductor stocks, rising oil prices, and new geopolitical risks in the Middle East. On Friday, Bitcoin lost about 2% over the course of the day and returned to the $63,000 level.
Capital flows in U.S. spot Bitcoin ETFs remained volatile. On Monday, the funds recorded a net outflow of $424.7 million, followed by inflows of $181.1 million on Tuesday, $107.7 million on Wednesday, and $79.1 million on Thursday. As a result, the cumulative outflow over the four trading days totaled approximately $56.8 million. Data for Friday had not yet been published at the time of writing.
An additional source of uncertainty was the debate in the U.S. over the Clarity Act, a bill intended to establish regulations for the cryptocurrency market and delineate the powers of financial regulators. Progress on the bill has slowed due to disagreements in the Senate and concerns about a potential conflict of interest related to President Donald Trump’s cryptocurrency holdings.
In the corporate sector, the week’s main event was Citadel Securities’ investment in the cryptocurrency exchange Crypto.com. The market maker invested $400 million, valuing the platform at $20 billion. This is Crypto.com’s first round of institutional funding. The funds raised are planned to be directed toward the development of operations involving tokenized securities and derivatives.
At the same time, pressure remains on public companies that have built up large Bitcoin reserves. Strategy has already sold approximately $218 million worth of digital assets in 2026 to fund dividends and maintain its dollar reserves. The decline in cryptocurrency prices has led to the shares of a number of similar companies trading below the value of the digital assets they hold.
Thus, softer U.S. inflation data and the resumption of capital inflows into ETFs have failed to ensure a sustained market recovery. Next week’s market dynamics will depend on developments in the Middle East, oil prices, capital flows into cryptocurrency funds, and further progress on U.S. legislation regarding digital assets.
