BTC sees a sudden 0.55% drop in 15 minutes: short-term sell-off pressure triggered by the escalation of the US-Iran conflict combined with a stronger US dollar

July 13, 2026, 03:00-03:15 (UTC), BTC dropped sharply by 0.55% within 15 minutes. The price fell from 63,379.1 USDT to 62,890.9 USDT, with a range of 0.77%. A rapid escalation of geopolitical conflict sharply cooled market risk appetite, and BTC failed to show a safe-haven attribute, moving downward in sync with risk assets.

The main drivers of this move are a full-scale escalation of the US-Iran military conflict. On July 12-13, 2026, the US launched a new round of strikes against Iran. Iran then immediately fired missiles and drones at Gulf states such as Qatar, the UAE, and Kuwait. The deterioration of the Middle East situation drove oil price volatility and heated inflation expectations. At the same time, higher oil prices pushed up the probability that the Federal Reserve will raise rates two or more times before year-end to 52.1%. The US dollar index strengthened, putting FX pressure on BTC denominated in dollars.

Second, microstructure from the order book shows that sell-side pressure is significant. The buy-sell depth ratio is only 0.24, far below the 0.67 threshold. Total sell orders of 0.3753 BTC compare with buy orders of only 0.0884 BTC. In addition, at $63,014.6 there is a large sell-wall of 0.2995 BTC, accounting for 79.8% of the total volume in the top 5 price levels, creating clear short-term resistance. Moreover, American Bitcoin Corp., a Bitcoin mining company associated with Eric Trump, disclosed losses of more than $600 million, further denting short-term market confidence and forming a multi-factor resonance.

Volatility risk remains. Monitor the $63,000 integer support level; if it breaks, BTC may test $62,500. Going forward, key focus areas include progress in US-Iran ceasefire talks, statements from Federal Reserve officials, and the trend of the US dollar index and crude oil prices. Changes in order-book depth and on-chain capital flows will help verify whether there is institutional-level selling.