Bitcoin Tests Fidelity's Power Law Support as Markets Weather Middle East Tensions

July 13th, 2026: Bitcoin holds near sixty-two thousand eight hundred dollars as geopolitical tensions and leverage flushes test critical technical support levels. We examine Fidelity's power law model signaling potential accumulation zones, stablecoin market contraction reaching ten billion dollars since May, and American Bitcoin's reverse split amid eight thousand B T C holdings. Plus, institutional adoption expands as tokenized Treasuries cross four hundred million dollars and crypto custody gaps expose critical vulnerabilities in federal asset seizures.