Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-07-23
14:13

BTC drops sharply in 15 minutes, down 0.32%: a geopolitical conflict escalates, rate-hike expectations heat up, and the short-term market comes under pressure

From 13:45 to 14:00 (UTC) on July 23, 2026, BTC fell 0.32% over 15 minutes, with the price touching the $64,864.8–$65,145.1 range and the amplitude of 0.43%. Over the past 24 hours, BTC has cumulatively fallen by about 1.66%, with an intraday low of $64,820. Market attention has clearly risen, and volatility has increased. The main driver behind this unusual move is the continued escalation of the military conflict between the US and Iran compounded by rising expectations for a Fed rate hike in
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BTC0.43%