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BTC trades sideways with slight gains of 0.01%: the Iran-Iraq conflict escalation and rate-hike expectations both weigh on the market

During the period from 12:00 to 13:00 UTC on July 14, 2026, BTC traded within a tight range of $62,788.8 to $62,873.6 USDT, with an amplitude of only 0.13% and a marginal uptick in return percentage of 0.01%. The overall market showed a sideways, choppy consolidation pattern; volatility contracted significantly, but underlying currents were building. The primary driver behind this disturbance was a sharp escalation in the US-Iran military conflict. The US carried out airstrikes on Iran for three
BTC1.14%
BZ-1.72%
GLDX1.14%
PAXG0.86%
GateNews·07-14 13:05
BTC trades sideways with slight gains of 0.01%: the Iran-Iraq conflict escalation and rate-hike expectations both weigh on the market