Profit-taking, MidEast hostilities drag crypto lower after bullish week

▶ CoinDesk Jul 13, 2026 Jul 13 👁 4 views

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Crypto's weekend gains gave way to a Monday selloff as Middle East tensions resurfaced, South Korea's Kospi lost 9.2% and $253 million in leveraged positions were wiped out. Crypto's weekend gains gave way to a Monday selloff as Middle East tensions resurfaced, South Korea's Kospi lost 9.2% and $253 million in leveraged positions were wiped out.

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