Bitcoin Maintains $3,400 Range Amid Selling Pressure and Geopolitical Strain
2026-07-13 21:31

Woofun AI reports that Bitcoin maintained a tight $3,400 trading range despite facing heavy selling pressure, geopolitical strain in the Middle East, and divisions within the Federal Reserve. BlackRock’s IBIT recorded $197.4 million in net inflows, though the contracting market indicates institutional demand has not yet stabilized. The aggregate realized price remains near $54,000, with short-term holders showing resistance at $72,200. Macroeconomic factors, including 2% domestic inflation and currency risks, continue to influence the landscape, with the Fed retaining room to hold rates steady.

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Tags:
Bitcoin
IBIT
Bitfinex
BlackRock
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