The crypto news today centers on a wave of forced selling that hit the entire market. This came after renewed US and Iran hostilities pushed oil prices higher. As a result, a broad risk off move was triggered across global assets.
Bitcoin fell 3.3 percent to $62,049, Ethereum dropped 2.9 percent to $1,766, and Solana slid 3.4 percent to $74.87 as of July 13, according to CoinGecko data. Meanwhile, South Korea’s Kospi index lost 9.2 percent. In addition, $253 million in leveraged crypto positions were wiped out within hours, according to CoinDesk reporting.
Geopolitical Shock Sends Crypto Lower While ETF Inflows Hold
The selloff followed weekend strikes across the Middle East that reignited inflation concerns. Previously, Bitcoin ETFs ended an eight week outflow streak just days earlier. There were $197 million in weekly net inflows, according to CryptoSlate data.
The Motley Fool reported that Bitmine Immersion Technologies increased its Ethereum holdings to 4.8 percent of the circulating supply, showing that institutional conviction did not break even as the crypto news today turned bearish. The CPI report and Fed Chair Warsh’s congressional testimony this week will determine whether the selloff deepens or reverses.
Crypto News Today Points to What Presale Capital Does Next
Pepeto Fills Presale Capital While the Market Reprices Risk
Every liquidation wave separates two kinds of capital. There is the kind that entered on leverage and got swept out, and the kind that entered at a fixed price and stayed. Pepeto presale buyers sit in the second group. The entry is locked at a set presale price. It is also unaffected by the $253 million wipeout that hit leveraged traders this week.
The swap engine charges zero fees on cross chain trades. This lets holders reposition without the cost that compounds during sessions like this one. Meanwhile, a cross chain bridge moves assets between networks without relying on a single exchange. This matters when venues freeze withdrawals during panic selling. The project carries the work of the founder who originated the first Pepe coin. It is also backed by a former Binance expert who constructed the trading infrastructure. The SolidProof audit backs the contract. Furthermore, the total supply stays fixed at 420 trillion tokens.
Pepeto has raised $10.4 million during a period where most of the crypto news today is about capital leaving the market, not entering it. The anticipated Binance listing compresses the time remaining in this window, and the presale price of $0.0000001882 per token ends the moment that listing opens.
Ethereum Carries Institutional Weight With a Long Recovery Ahead
Ethereum trades near $1,871 on July 14, 2026, having dropped roughly 64 percent from the $4,953 peak it hit in August 2025, according to CoinGecko data. The network closed three consecutive red quarters for the first time in its trading history. It lost 28 percent in Q4 2025, 29 percent in Q1 2026, and 25 percent in Q2 2026, according to CoinGlass data.
The Glamsterdam upgrade targeting Q3 2026 will triple Layer 1 capacity and cut gas fees by up to 78 percent. That upgrade changes the long term ceiling, but the entry at $1,871 still faces short term pressure from macro headwinds and the slow pace of ETF inflows returning to the Ethereum products.
Mutuum Finance Promises Lending Innovation Without a Working Product
Mutuum Finance positions itself as a decentralized lending protocol with a dual lending model and yield generation features. The project has raised presale capital. At the same time, it has been marketing comparisons to tokens that delivered massive historical returns.
The lending product has not launched, the yield distribution system has not processed a single live transaction, and the protocol’s smart contract has not been verified by a recognized third party auditor. Therefore, buyers entering this presale are funding a concept with no live proof that the system works under real market conditions or during the kind of volatility that hit this week.
Conclusion
The crypto news today paints two outcomes forming in real time. One forms for the wallets that waited for perfect conditions, and one for the wallets that moved while the entry was still open. The same pattern played out with SHIB. There, $1,000 became $55 million for the buyers who acted and became nothing for the ones who decided to wait for one more signal.
Pepeto sits at that same fork right now, with $10.4 million in capital committed and an anticipated Binance listing approaching. A few months from now this is either a story about returns that changed wallets permanently or a regret that lingers long after the presale page goes dark.
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FAQs
What is the biggest crypto news today in July 2026?
The biggest crypto news today is a $253 million liquidation wave triggered by US and Iran hostilities pushing oil prices higher.
Is Ethereum a good buy after dropping 64 percent from its high?
Ethereum at $1,871 carries Glamsterdam upgrade potential, but three consecutive red quarters and slow ETF inflows weigh on the near term recovery.
Is Pepeto a strong presale during crypto market volatility?
Pepeto presale entries lock at a fixed price immune to leveraged liquidations, backed by a SolidProof audit and a Binance listing that closes the window for good.
