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Crypto Market Slides July 13 as US-Iran Strikes Spur Risk-Off; ARB Drops 6%

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2026-07-13 05:22:30
The crypto market fell on July 13, pulling total market capitalization down 1.2% to $2.14 trillion. According to BeInCrypto, new US strikes on Iran sparked a risk-off retreat after Iran’s IRGC said it hit US bases in Kuwait and vowed to control the Strait of Hormuz, while US officials signaled a bigger wave ahead.

The report also cited capital rotating into AI-linked chipmakers such as Nvidia, Micron, Broadcom and Applied Materials. Arbitrum (ARB) fell about 6% to near $0.090 after a failed July 12 breakout attempt.
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