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

Crypto CoinDesk By Oliver Knight 13 Jul 2026 10:30 1 min read
Profit-taking, MidEast hostilities drag crypto lower after bullish week

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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