BTC rises 0.56% in 15 minutes: Escalation in the U.S.-Iran conflict drives safe-haven funds to rotate, while gold falls and BTC gains favor

BTC1.89%
GLDX-0.30%
PAXG-0.35%

From 12:45 to 13:00 (UTC) on July 15, 2026, BTC surged rapidly over 15 minutes, with Return % reaching +0.56%. The price ranged from 64,791.7 to 65,247.8 USDT, with an amplitude of 0.70%. Market attention rose significantly, and volatility intensified.

The main driver behind this unusual move was a sharp escalation in the US-Iran military conflict. The US restarted a maritime blockade of Iranian ports and carried out dozens of strikes, quickly heating up geopolitical risk. Oil prices jumped more than 4%, but gold fell nearly 3% unexpectedly, breaking the traditional “war means buying gold” hedging logic. As the market worried the conflict would drive inflation higher and reinforce rate-hike expectations, safe-haven capital began to rotate—some shifted toward BTC to hedge fiat depreciation risk.

Second, Fidelity’s recent narrative that “BTC-denominated assets are cheaper” further strengthened the market’s perception of Bitcoin as a scarce store of value, aligning with the geopolitical hedging logic. Order Book data shows the buy/sell depth ratio is 4.22, indicating a clear bid advantage. A large buy wall at $65,393 (0.607 BTC, accounting for 94.1% of the top 5 order-book levels) sent signals of institutional-style support; the microstructure is strongly net bullish. Technically, moving averages on both the 1-hour and 4-hour charts are bullish, and ADX is 33.3 and 32.7 respectively, confirming an effective medium-to-short-term uptrend.

What to watch now is whether the US-Iran conflict escalates further, how the Fed addresses geopolitical inflation risk at its July policy meeting, and whether gold continues to weaken. Key support levels are $64,600–$64,700, with resistance at $65,435 and $66,000. Risk warning: Daily ADX is only 17.2, and the directional trend on the daily timeframe has not yet been fully established. If geopolitical events cool down, the trend may dissipate quickly.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments