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Bitcoin Recovers From Iran-Triggered Selloff as Spot ETF Records $84M Outflows on July 9

Capital Flow Price Volatility Geopolitics Stocks On-Chain Data

2026-07-09 09:55:39

BTC-2.46%

ETH0.68%

According to CryptoNews market report, on July 9, geopolitical tensions sparked by Iran headlines triggered an initial sell-off in Bitcoin and Ethereum, but both assets recovered sharply within hours after market sentiment reversed. Spot Bitcoin ETFs recorded $84 million in net outflows during the session, ending a three-day buying streak, yet buyers immediately defended support levels. Bitcoin recovered most of its losses, while Ethereum held relatively steady despite early weakness. Reports that Iran was willing to return to negotiations erased much of the risk-off sentiment that had briefly sent oil higher and stocks lower.

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.

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