Bitcoin Swings Between $63K-$65K This Week Amid Geopolitical Tensions, Ether Up 11% as Institutions Flow to ETH

According to onchain metrics and market data this week, Bitcoin dropped below $63,000 due to leverage liquidations on July 13, then recovered to $65,000 following lower-than-expected U.S. CPI data, before retreating to the $63,000 level as Middle East geopolitical risks intensified. Despite price volatility, spot Bitcoin ETF inflows resumed and funding rates normalized, signaling reduced selling pressure and improved market health.

Ethereum outperformed, rising approximately 11% over the past seven trading days as institutional capital shifted from Bitcoin. U.S. spot Ethereum ETFs recorded net inflows exceeding the prior week's total in just three days, with BlackRock's ETHA leading the flows. ETH's relative strength reflects growing ecosystem momentum and sustained institutional demand.