BTC nears $65K as inflation data offsets rising oil prices and geopolitical tension. Can BTC sustain its momentum amid fading rate cut hopes?

Crypto markets decline on profit-taking and Middle East tensions. Bitcoin above $56K on July 13, 2026 at 99.9% YES.

Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today's inflation print is the…